Wealth is transfer from one part of the economic system to another, and extreme wealth is basically hoarding; why is it so difficult to reach a point of diminishing returns of wealth and then give it back in some way that is more impactful than arbitrary philanthropy? One cannot simply say government is inefficient because it is pretty clear that this current system is inefficient in distributing wealth and raising t…
So no wealth is created? The vast amount of medical technology and technology in general would immediately show that this statement is completely false.