Isn't that just feudalism? Or the idea of benevolent dictator? I feel it would be best to avoid such extreme wealth, and downplay the advantages of shady practi

Isn't that just feudalism? Or the idea of benevolent dictator? I feel it would be best to avoid such extreme wealth, and downplay the advantages of shady practices, to enable legitimate competition in all areas. To be honest, I feel this is actually the idea behind capitalism, it created the middle class, and that's its biggest strength. The truth is, under capitalism, for a while, the gap between poor and rich was at its lowest ever, and the middle class was at its strongest ever. That was its best attribute, and why it is lauded. But, in recent years, we're seeing a shift, and that's why people talk about late stage capitalism, because it seems that it no longer creates the reduction in the extremes it did in tbe beginning. The question is, what can be done about this? And I say that assuming that we learned many times already that a few ultra rich with concentrated power and wealth do not become generous and efficient leaders, solving world hunger, ending poverty, etc.