It’s also naturally abundant in the form of land, those cadastral game tiles on which life plays out, dominion of which are allocated by the state in a system of hereditary monopolies.
Wealth is not allocated the same way it’s created. That’s why we have the concept of rent-seeking, behavior that increases one’s share of wealth without creating more wealth.
Owning wealth lets you accumulate more wealth without working, because you can charge other people rent in exchange for using your wealth. Not only that; you can also hire people in an arrangement where you automatically own everything they produce using your capital goods.
Rich people know that labor is a very inefficient and tedious way to increase one’s own share of wealth. That’s why they prefer rent, interest, and staying on the top of the employment hierarchy where they have a legal claim on the products of others’ labor.
Yes, work is a true source of wealth, and so is capital and land and the other factors of production. There’s a long history of criticizing how most of the wealth created by working ends up owned by the owners of capital and land—that’s the essential critical point in the discussion of capitalism, whether Marxist or Georgist or Ellermanite.
Or you could say the crucial question is how can we cure the rich people from the delusion that they have a right to appropriate what they have not produced?”