Yes unfortunately it does matter. Concentration of economic power generally leads to concentration of political power (ie non-democracy). There are tons of path

Yes unfortunately it does matter. Concentration of economic power generally leads to concentration of political power (ie non-democracy). There are tons of pathways, eg campaign finance, lobbying, media ownership, threat of capital flight, regulatory capture, to name a few. Then lack of political power leads right back to lower standard of living for the poor.