Capitalism doesn't write people off as "undeserving." Politics does that. In the absence of the friction that corruption and rent-seeking create, the wealth cu

Capitalism doesn't write people off as "undeserving." Politics does that. In the absence of the friction that corruption and rent-seeking create, the wealth curve would look much closer to a standard distribution, and the people on the right side of the hump would be much more likely to "deserve" their fortunes, in the sense of having earned them by contributing value.