Earlier quoted context omitted.
I seem to have been down-voted, maybe some dont see the problem. Here's a randomly picked example: http://paulgraham.com/inequality.html Randomish quote from end of article, "The problem here is not wealth, but corruption. So why not go after corruption? We don't need to prevent people from being rich if we can prevent wealth from translating into power." Umm... how about in a capitalist society money is the vehicle…
I didn't read the essay in question, but from your quote it sounds like you are deliberately misinterpreting his point. He is talking about political power.
One's ability to make money - to have one's skills suit the market; or to be lucky - has nothing to do with the value of your opinions or how frequently/prominently they should be offered to the rest of us.
pg doesn't even begin to engage in anything like this critique of inequality. I dont really think he knows anything about why serious academic researchers and writers have seen inequality as a serious problem for democractic societies. Because he hasnt spent the time to find out.