People want things. If you can create something that other people want and they can create something that you want, you both have a job.
People want things. If you can create something that other people want and they can create something that you want, you both have a job.
We live in an industrial economy. Most people can create more value for the economy by working for somebody else and/or don't have the safety net that allows them to take the risks necessary to start their own business.
The demand from an employer perspective is for highly-skilled programmers. If a proven highly-skilled programmer was willing to happily work for minimum wage employers would be lining up for miles to hire that person.
The highly-skilled workers are the ones demanding to be highly-paid.
If flipping burgers was more difficult then there would be a smaller supply of qualified workers, those workers could demand to be paid more, and the employers would have to pay up or risk getting crushed by their competition.
The market works best when there are more people making decisions -- it smooths the curve. If we have fewer and fewer people deciding where capital is allocated, it is going to be a big problem. Sure, people can, and are, making a very good living doling out capital in one way or another, but that is missing the point.
I think you meant that it works better when capital is evenly distributed. I don't know if that is true but there seems to be lots of evidence that it doesn't work well when its distribution is largely determined by who can steal the most (as is the case with the current system).
You are going to have to unpack that statement for me; you lost me there.