You're 100% correct, problem is we are giving them their wealth and power on a silver platter. It's too bad and probably too late...
I've debated this with people on other forums and many just don't see it. They are perfectly happy to subsidize the wealthy and let them run our lives, I can't believe it.
I've been called a lefty, democrat, communist, socialist (even a chinese Marxist LOL) when they run out of reasons our world shouldn't be allot more equal and fair. There is no reason individuals and corporations should have more net worth then smaller states and even countries and then put in positions of power. Everybody says Kim Jong Un is a power crazed leader impoverishing the people in his country, we don't have to look far to see the western world has impoverished far more than 25 million people. This is a huge case of pot calling the kettle black.