That quote isn't talking about wealth inequality, it's referencing concentration in corporate governance power. While funds like Vanguard are financed by inves

That quote isn't talking about wealth inequality, it's referencing concentration in corporate governance power. While funds like Vanguard are financed by investments from millions of people, the leaders of those funds control the voting power of all of their shares. This could cause anticompetitive behavior, when the same funds/holding companies have large stakes in all of the players within a given industry.