I'm not sure I agree with this. There's two key parts to wealth: producing enough stuff to make life easy for people, and distributing that to many many people

I'm not sure I agree with this. There's two key parts to wealth: producing enough stuff to make life easy for people, and distributing that to many many people tether than hoarding it for a few. The amount of production is not impacted much by how how many bushels of wheat, or days of labor of the average worker, we value the Mona Lisa. Art can be wealth, but not all wealth is a factor of production. Labor, land, capital are all factors of production that influence how much stuff is made. Making sure that everybody has enough to survive, enough to thrive, and enough to be creative and innovate or achieve what they want should be the goal. Distribution not only of wealth, but perhaps as importantly, distribution of responsibility and authority so that people can make the best possible decisions for themselves. Redistributing away from the accumulation of power/wealth into too few hands is very important for that.