It’s next-order effects over time. In and of itself, someone having more resources than you or I doesn’t affect our lifestyle, happiness, etc. But wealth in our

It’s next-order effects over time. In and of itself, someone having more resources than you or I doesn’t affect our lifestyle, happiness, etc. But wealth in our society leads to concentration of power, and fear of loss (among others, some speculation here on my part) leads people of means to pursue policies to preserve their positioning regardless of the consequences for others in society. These self-reinforce over time unless Something Is Done About It. Last century, Something included unions, progressive taxation, and wealth redistribution, and that seemed to work for a while. Previous means were much bloodier.