As my basic assumption is that the wealth in question is a result of rent seeking. All your bullets fall. 1. Yes it would. And if my assumption of rent seeking

As my basic assumption is that the wealth in question is a result of rent seeking. All your bullets fall. 1. Yes it would. And if my assumption of rent seeking is true, there might even be more of it. 2. True. At the same time, the amount of people living just above the extreme poverty line has increased from both direction. That is, the poorest has gotten less poor, but the less poor have gotten poorer. And, no it is not inevitably tied to the very rich, if anything both groups has had changes driven by the same Ariel dynamics, but neither is causing the other. 3. Not if they got to be billionaires by extracting rent. 4. No argument from me there. I do worry about large corporations as well though.