yes, that's a concrete instance of why increasing concentration of power and wealth is bad for society as a whole. now consider that there are millions of these

yes, that's a concrete instance of why increasing concentration of power and wealth is bad for society as a whole. now consider that there are millions of these little mechanisms working against social cohesion and our current malaise really comes into focus. as a result, i really think we should be tying fiscal, tax, and monetary policy to median income (and the like) rather than gdp (and the like). this would wholly combat the hollowing out of the middle class, rather than piecemeal policies that tend to be inadequate and circumvented.