I get what you're saying, but you are also ignoring my point about bolstering the middle class. A large and healthy middle class not only precludes unhealthy a

I get what you're saying, but you are also ignoring my point about bolstering the middle class. A large and healthy middle class not only precludes unhealthy amounts of poverty (please keep in mind there will always be a "bottom 16%" [aka falling below < -1σ] no matter the level of wealth) but also precludes large concentrations of wealth by the upper class. EDIT: replied before you finished your edit, I see we're actually in agreement. Carry on...