Whenever I consider the economy and its models, I find that most of them are designed in such a way that they consistently favour rich people, allowing them to grow their wealth effortlessly. Money attracts money, making it almost impossible for a poor individual to become rich. However, it becomes easier for a wealthy person to become even richer. Let’s examine it:

Take the case of a man who was an orphan, had no means to study, and had to work as a labourer in a factory. He worked hard for 10 hours every day with only a single holiday in a week. In return, he earns only 10,000 Rupees. He has to pay 3,000 INR as room rent, 4,500 for food, and 1,500 INR for traveling expenses, clothing, etc. Saving a thousand rupees requires significant sacrifices, but inflation erodes his savings. If he is single, he can manage, but if he gets married, supporting a family becomes a big problem. Now, he has to spend more on his family, limiting his opportunities to improve his life. Banks won’t give him loans to build capital, and he won’t be able to invest in cryptos, shares, real estate, etc. Most ordinary families have to take bank loans at higher interest rates. The poor have no choice but to borrow money from usurers who charge excessive interest. In all economic situations, the poor get poorer.

Contrary to them, the rich easily secure loans at cheap rates. They have easy access to information, which they can use to invest in profitable ventures. Most of them take loans from banks at favourable rates and pay almost nothing, as they can adjust interest payments with their taxes. Both the rich and the poor pay indirect taxes at the same rate, but the rich have to pay income tax which is up to 30 percent on their earnings in India. However, the rich have numerous chances to evade taxes. They have companies that make payments on their behalf, get depreciation on assets, while the middle-class salaried individuals have no such options. So, the rich also get significant tax relief, while ordinary people have to pay taxes on everything. The rich are saved from the adverse effects of inflation as well.

We can see this on cryptocurrency-based platforms like Steem and Hive as well. On these platforms, wealthy people with substantial stakes are rewarded by the platform, receiving more interest, curation rewards, and their posts gaining attention from both minnows and whales equally. No matter how ordinary their writing is, their posts receive a large number of upvotes, while poorer writers get nothing compared to them.

Governments provide big tax benefits to rich investors who manage money from banks where the savings of common people are kept. Governments auction natural resources like mines etc. Only the rich can manage to bid on such things. Poor people are evacuated from places that have significant financial possibilities and get nothing as compensation.
So, all the economic models are designed to favour the rich. If someone thinks the contrary, he or she needs to study economics, history and politics again.

Thank you!