I think the issue you highlight, which is very true in some companies, is more of an issue with capitalism than rich people. Of course, capitalism makes people rich, but it sounds like the issue you highlight here is more about the balance between making money and decency towards your staff and customers.
There is a misnomer that there is a legal statute to “maximize shareholder value”, but it isn’t the case. This was a mantra that was kicked off by business leaders in the 70s and has become a common term used for companies with shareholders. Part of this misconception is that companies should be expected to maximize profits over the welfare of their staff and customers, which is also not true.
The problem here in my mind is with assholes.
If you run a company where you only care about the bottom line and generating as much revenue as possible, and you don’t care about the welfare of your staff and customers, you are a terrible person. While some people like this clearly exist, I think there is also a growing trend in companies to try to get this balance better. I see more and more companies (not just in the bay area, but more widely) are offering perks designed to make their teams happier and healthier such as free childcare, free haircuts, free drinks/snacks, mental health days, standing/ergonomic desks/chairs, extended maternity/paternity leave, and other things that relate to the welfare of their staff. As they should…people should be able to work in a safe and comfortable environment.
Of course, there will always be a contention in the marketplace between consumers and companies. There will be a pressure from companies to keep you buying their products/services often enough that you provide a steady flow of cash and they provide a steady flow of value to you. This is a balance, and some get it right, some get it wrong.
This is why I balked at the notion that all rich people screw the poor. I would also balk that capitalism is all the same too. There are some wonderful companies who treat their staff and customers well, and some that don’t. This is just life: there are good people and shitty people, there are good companies and shitty companies.
Just my $0.02c.