Do you see a differentiation with a plutocrat that that invented a new product... — schopenhauer1
The short answer to a very good question is: No.
Take Steve Jobs and Steve Wozniak deserve credit for bringing together several already-existing components (the mouse, the graphical interface, the electronic bits and pieces, the all-in-one-box) as a new product. My first computer was a Macintosh, which I loved and adored. Bill Gates is another example of a gigantic fortune from invention. I always preferred Microsoft Word and Excel to all others.
They deserve great credit, but they do not deserve unlimited financial reward. Why not?
First, creativity, invention, and innovation depend on the creative, intellectual, and physical labor of many predecessors without which there would be nothing new. The Macintosh Computer rested on a century's worth of technological development. Science and industry are inherently social activities which gradually accumulate potential for new technology.
Second, if there is to be a fortune made from new technology (like personal computers) the inventor depends on the socially accumulated wealth of bankers and investors who are willing to gamble on making a product a reality, and perhaps a success, in exchange for a payoff. Without financial investors, there would be no iPhones, no music streaming, no Teslas, no airplanes, no televisions, no LED lights, no railroads, no nothing.
Everything that is made today depends on social accumulation of knowledge and wealth. Specific individuals (like Steve Jobs or Elon Musk) capitalize on what others have built previously--and 99% of the accumulation was produced by working people.
...and ones that just found themselves as heads of industry by luck? The ones that invented something, will say they are getting their just reward and providing jobs for the little people to [sell, train, support, install, account for the money of, transport, warehouse, market, website maintain, develop further product development], of the product they started. — schopenhauer1
They
would say that. They might also say (but will not) that their fortune depends on all the jobs "the little people" did -- "sell, train, support, install, account for the money of, transport, warehouse, market, website maintain, develop further product development]". Without all the workers' efforts, there would be
no fortune, no reward.
Look, this isn't personal. I am not bitter (despite my avatar). I don't dislike Steve Jobs or Elon Musk or any other multi-billionaire. I don't know them, don't have to deal with them. I willingly contributed to the fortunes of Steve Jobs and the stockholders of Apple™. We have all made contributions to the great fortunes of the very few. We live within a capitalist society. Accumulation of wealth is THE NAME OF THE GAME. I neither tried nor succeeded at that game. I don't admire the winners of this game.
But if you ask, "Is this a good system?" I am emotionally and rationally compelled to answer, "Absolutely not!" and argue for a system which distributes reward for both fizzy creativity and mud-slogging work fairly. A fair and equitable distribution of rewards for work
is possible, and it doesn't look like our capitalist system.