I mostly agree with your take. The ultra wealthy are entrapped by their own minds & machines of wealth that have tight demands.
And yet they still hold immense power to make our lives shittier. It is far easier to destroy a functioning system than it is to build one from the ground up
> The ultra wealthy are entrapped by their own minds & machines of wealth that have tight demands.
But only within their minds. They could change their minds, donate or pay enough taxes that their billions would be distributed far and wide. Then they'd no longer be trapped.
Plenty of people make the choice to stop acquiring, stop increasing their wealth, and stop having more everything (kids, houses, cars, pets, hobbies, etc).
It's hard for those who have no choice, and those who've made different choices, to relate to the insatiable appetite of billionaires.
These people also have much more leverage to change the world in substantial, albeit often short lived ways. My family has been hurt by the DOGE cuts. Hopefully it's not a permanent injury. Yet it's very real.