It would be more accurate to say that wealth was generated for the many, so that Carnegie and Rockefeller could be insanely rich. Meanwhile Google could be the

It would be more accurate to say that wealth was generated for the many, so that Carnegie and Rockefeller could be insanely rich. Meanwhile Google could be the company that ushers in the age of the electric car, making us all wealthier still. Taxing them isn't going to help that much. Also, in a civilisation where the richest tend to own law-abiding corporations succeeding on the back of innovative products/services, it is frankly to be expected that the rich will get ever more exorbitantly richer. Only in a despotic regime do the elite have a hard limit on how rich they can really be (because there's only so much wealth you can suck from starving subjects).