[rainmaking]

This is just re-labeled Marxism, so the usual counter-arguments apply.

(1) Bad data: Most wealth is self-made, not inherited.

(2) Misguided goals: Uneven net wealth gain is better than equal increase of poverty

(3) Magical thinking: Wealth is created by effective systems, it does not appear out of thin air to be distributed

(4) Lack of observation: Government is remarkably poor at wealth management

(5) False sentimentality: A system intent on rewarding the ineffective will have great difficulty being effective itself

(6) Fetishizing hopelessness: Anyone determined already has the opportunity to create scalable wealth-creating systems in a suitable vocation