The underlying issue is really capital ownership, what classifies as capital, protections around it, and how much leverage capital provides on a society and democracy (that part being the most important, IMHO).

Who owns the looms and what they do with them isn’t inherently an issue if all loom owners can do is buy an extra Yacht. Instead they can enforce ungoverned law on society through a combination of disproportionate influence in government and through market forces where private policy (especially at large) become nearly undifferentiated from law (the policy that benefits them becomes so widespread and normalized that alternatives are for all intent and purposes impractical or unreasonable, therefor private policy within a capital ownership domain is law or they’re a monopoly so their policy is the policy).

But I think you’re right, as always we’re going to focus on the adjacent issues vs addressing the root of the problem. The issue is what wealth inequality affords one, when it is capable of infringing on rights and livelihoods of others, not that they necessarily have to share the other luxuries and rewards of their attained wealth. I care not how many luxuries in life Musk has, I may be envious from time to time but whatever. I care a lot more when things he does or says has unrealistic influence and affects me directly, just because he sits atop a mountain of capital and we pretend that mountain of capital somehow was bestowed upon him from divinity that he should have such influence. I’m picking on Musk because he’s the richest and has clear examples of this, he’s by no means alone… it’s that class of wealth at large.