I think it is a net positive like you say, but also some people really think they know better, and also don’t like their impact of politics being reduced to that of their fellows.
Can you imagine what it’s like to actually be able to influence policy workout having to vote, or even to take part in collective action with other people?
It can’t be good for the soul, but it’s got to be habit forming.
That’s the thing man. There are enough billionaires that they have a society. Being a billionaire no longer means unilaterally changing the world, because other billionaires won’t cooperate if you’re going against their wishes.
So billionaires are no longer “above” society. They just live in a new stratum of society, but they still have to deal with the existence of their peers.