Great to see so much discussion about this really controversial article. If startups create wealth so much, then why is the overwhelmingly used (and accurate!)

Great to see so much discussion about this really controversial article. If startups create wealth so much, then why is the overwhelmingly used (and accurate!) term about "capturing" value? Most startups do a MIX of adding some value while otherwise benefiting from network effects so that they get to be the ones that capture existing value. Go evaluate any example. Very few are unambiguously creating wealth. The whole concept of disruption is about moving wealth from one place to another. The BIG issue is about POWER. Wealth inequity corresponds to POWER inequity. This isn't about whether a startup founder gets to have a huge house that dwarfs the poorer folks' homes. The problem is that money is power and the wealthy get to set the rules, and that undermines the democratic structures of our society (to whatever extent they existed at all or could potentially exist).