I mean when wealth reaches levels beyond material comfort, needs, and wants, when it becomes easy to warp society. Billionaire’s lifestyles doesn’t change AT ALL between 1 billion and 2, its about expanding power. That is what capital becomes at those levels.
Politicians swoon over you for “donations” (bribes), you begin to see regulations over the industry you exploit your profit from as amendable through lobbyists you can hire to represent your interests over society. Meanwhile that billionaire’s factory workers, customers concerned with product safety, our shared commons, and our communal environment have no advocates with such massive influence to counter them, when the needs of the many shouldn’t just balance the needs of the interests of the wealthy few at the top, they should far outweigh them. As it is, its the other way around. The billionaires have the resources to take care of themselves and protect themselves, most of society does not.
No one should have enough wealth to have more influence over society than your single vote allows. If you want more power, that should come by selling your ideas to society that votes on them by putting you into a political office, with ALL of the rules and accountability that comes with that office.
The White House and Senate often invites the billionaires of industries to be the authority on how those industries should be regulated, and it’s perverse. The Foxes advising on hen house security.