Accumulation of capital is prevented by the misperception that equality is desirable in and of itself.
Is it better that we allow the capital in society to be commanded by elected bureaucrats or by people who acquired it in a competitive process, even if that means that they will have more pieces of paper (called shares) with their name on it? Is the billionaire who only spends $100k on himself every year to be viewed the same as the billionaire who throws a party every weekend with bikini models on his mega-yacht?
Is it better that we allow the capital in society to be commanded by elected bureaucrats or by people who acquired it in a competitive process, even if that means that they will have more pieces of paper (called shares) with their name on it? Is the billionaire who only spends $100k on himself every year to be viewed the same as the billionaire who throws a party every weekend with bikini models on his mega-yacht?