The economic system that creates billionares is the problem, not the billionaires themselves. But because the issue is that wealth suppresses wages, the easiest

The economic system that creates billionares is the problem, not the billionaires themselves. But because the issue is that wealth suppresses wages, the easiest visualization and embodiment of wealth is billionaires. > Why shouldn’t creating that much value in the world result in the owners collectively benefiting? Billionaires make money from both value creation and value capture, but it can be argued pretty convincingly that value capture is how billionaires make their money rather than value creation. In fact, there's plenty of examples where value is created but not captured (open source being one of them) that lead you to realize that massive value creation isn't possible with just one person, but massive value capture is. Even superstar value creators like Einstein or Beethoven were ultimately just contributors to a larger scientific or musical community. When considering economic policy, you have to think of it as value capture, value creation, and value distribution. And while it's nice to think of value capture as "the capture of the value you create", the reality is that value capture can be any systemic transfer of wealth. Gambling is a prime example of a transfer of value without any creation of it. Billionaires are actually not the problem; the problem is that wealth captures too much value compared to wages, which then produces economic conditions of slavery.