That seems like a confused way of saying that those who are at least millionaires have 80% of the wealth. It's much easier for a billionaire to hire lobbyists

That seems like a confused way of saying that those who are at least millionaires have 80% of the wealth. It's much easier for a billionaire to hire lobbyists to protect his latest exploitative venture than it is for some dentist to do so. That's why the 1% held 30% of the total thirty years ago and they hold 40% now. That is a dark trend.