It's easy to say these anti-capitalistic platitudes, but do you really want to live in a society where the concept of private ownership is not supported by the state?

Society is not starting at zero right now, it has developed for 10.000 years with many genocidal wars. As a result, 1% of the population has achieved generational wealth due to some sort of "value creation" by their ancestors.

Through trial and error and a lot of violence, humanity has noticed that with free trade and free enterprise, the welfare of everyone else can significantly improve (toilets, food, entertainment), while the overall amount of violence significantly decreases.

Because when people put their money where their mouth is, capital can be allocated much more efficient than through other means (e.g. the King of England forcing a levy and centrally deciding what industry to invest it).

The only problem with this model is deflation, because if there is no incentive to deploy capital, then the overall pie shrinks and people start fighting about keeping their shares. That's why central banks talk about target inflation rates of 2%, because purchasing power of your hoarded capital needs to shrink in order to incentivize you to use your capital in a productive way, which also increases the overall pie for society.

The main thing one can criticize about generational wealth such as Trump, Epstein, Musk or Thiel is the fact that they have to lie about its existence, and keep up a charade of "I'm self-made" due to their low self esteem.

The alternatives are always worse for the common person. I'd rather have Trump, Epstein, Musk and Thiel than even bigger capital concentration like it was with the British crown and the Catholic church in their full bloom.

Ideally, those figures would also follow the moral code of the rest of society, but still it's much better than their parents who did crazy shit in Africa only 50 years ago, or the crown and the catholic inquisition a couple hundred years ago.