I consider accumulation of wealth to be a glorious thing. The problem isn't a person accumulating wealth, but rather the accumulation of wealth by wealth itself reaching the point where nearly all the accumulation occuring is due to wealth and not the efforts of a person.
The basic premise of the carrot and stick-feature of capitalism is that a persons effort determines that persons piece of the pie. The problem is that the persons effort is largely irrelevant, and all that matters is the persons existing piece of the pie.
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