You're conflating "large and powerful corporations" with "rich people". This is a mistake. Your post is not really wrong, but doesn't address anything in the one you replied to.
That said:
“Corporation, n. An ingenious device for obtaining individual profit without individual responsibility.” Ambrose Bierce 1906
“Rich people” in a fiat economy is due to the valuation of their assets, often but always, large stakes in corporations.
All of which is politically correct hallucination. None of it exists as immutable physics.
The mistake is yours for memorizing vacuous political statements.
Accuracy relative to the dying and long dead’s ignorant political babble is a ridiculous stat to min/max to dial in correctness. Stay in the centrist lane!
Rather than have a forward facing conversation, you reach for history. There’s little point in continuing this conversation
And really, mostly only law enforcement needs to believe the "hallucination" for it to have real effects. You, know, those guys with guns who will hurt you if you don't do what they say?
I don't think our positions are actually that far apart. It's just that, as far as I can tell anyway, you're trying to make a stand on some point of terminology while I'm trying to be reductionist and understand the dynamics.