You're posing a false dichotomy. Skill is capital. And its worth relative to other forms of capital (cash, land) continues to rise. Consider what's required to

You're posing a false dichotomy. Skill is capital. And its worth relative to other forms of capital (cash, land) continues to rise. Consider what's required to start a new business today. You need less cash than ever before. The limiting factor is most definitely skill. Not just obvious specialist skills, but the basic mindset that takes you from "just punching the clock" to "seeking opportunities to help". One reason wealth is concentrating is that the vast majority of people are woefully unskilled in the areas that matter now. This creates big pools of labor that have no leverage, which are naturally easy to exploit. So the existence of growing wealth inequality is not proof that education doesn't matter. It's just as plausible that most people are mis-educated. And when you look at the original intent of our education systems, they were deliberately designed to produce obedient factory workers who could reliably follow simple directions. Which is now an anti-skill.