The point here is that the generation of wealth, which is the conversion of labour and marginal efficiency into a number in a ledger, is not in and of itself aligned with human interests - it turns valuable labour and intelligence into a store of labour-time exchange, which can be used to purchase more labour, rather than any absolute benefit. The problem arises when the store of capital grossly exceeds available useful labour, which it does now in the hands of those who hold it. This causes inflationary forces, the results of which are very visible, and in this way the excess labour-time is simply destroyed, as it becomes devalued.
Money is a highly inefficient way of improving the world.
>Money is a highly inefficient way of improving the world.
True vis a vis itself - as money in and of itself does not have an ethical "direction." So I would say you are throwing the bullion out with the bathwater.
Money is a very efficient way of focusing effort - as your example indicates. How it is focused then is up to what we collectively value and how much we want to invest in determining where it will find value.
Money is a highly inefficient way of improving the world.