[tokenadult]

I see a core point missing: evolving Corruption

I think part of the argument here is that concentrating property rights into the hands of the few rather than the many, especially if the few control the government, makes corruption much more likely. International comparisons (mentioned in other comments in this thread) tend to show that countries with lots of private ownership of the means of production and minimal role of central government in operating the economy tend to have less corruption.