The kind that you don't find in societies with highly progressive forms of taxation. Places like Norway
Oh and that is stupid. Sure you do. People that have high monthly income do pay a higher tax in Norway or Sweden. But neither in Norway nor in any other developed country we have taxes over property and assets. The end result is that really rich people pay far less taxes than poor people there. Because rich people have no income. They never realize profits.
It is the middle class that sustains the welfare state, not the rich. As it is always the case. In Norway it will go for a long time yet because they have oil money to keep going. In Sweden on the other hand taxes over higher income are being constantly lowered as the state struggles to keep its finances stable.
Since I'm not a billionaire, why should I care if billionaires exist?
You shouldn't care at all if they exist. You should care if the system that allows them to exist is the best system in existence to make you prosper though, which happens to be the case.
Successful, sure. Let's look at the great success of Bill Gates. What great contribution to society has he made that warrants his wealth? Was it when he was spreading FUD about the "viral" GPL? Was it the vendor lock-in that he guided Microsoft to pursue? Was it all the permatemp employees that he hired and retained for years without extending health benefits to? Are you suggesting these astounding feats of success couldn't have been performed by anyone else? Are you suggesting that Microsoft and Gates' success didn't come at the expense of the rest of society?
Even the permatemp employees are better off working for him in the conditions that they did than they would be otherwise and that is exactly why they worked for him. We still live in a free society. Nobody is forced to work for anybody else.
And no I am not suggesting anything. I am blatantly stating that MS success didn't come at the cost of US society. Much on the contrary it came to the benefit of US society and the astounding feats of success like this be maybe achieved by other people, but not many people, and those people would end equally rich. Having an idea and making it work is not as trivial as you think, otherwise you would be a billionaire at this point.
By allowing for extreme stratification of wealth, you're denying the masses an equitable share of wealth
That is ridiculous and it becomes abundantly clear when you realize the truth of my last statement. The wealth you are "denying" the masses would even exist in the first place.
Indeed. Instead of Microsoft, we'd have a healthy ecosystem of competitors improving the US economy and generating wealth.
No we wouldn't, in exact the same way other countries do not. Things do not come from thin air. People need to create them. US economical strength comes from all the people that start small companies in the hope of getting rich or at least vastly improve their wealth, and many of them are successful.
They are. At any given instant in time, there is a finite amount of wealth in existence.
And a very large portion of this wealth wouldn't exist if the system didn't allow for rich people to exist in the first place, and so your whole theory of zero sum game goes down the drain.
Living on Earth may be expensive, but it includes an annual free trip around the Sun.