momopi said:On the other hand, we may create a degenerate society where the top 0.1% rule with support from bottom 90% welfare recipients mooching off the productive 10%. Not that the other way is always better, when the elite 10% ruled in a "civilized society" advocating meritocracy, they say "by the sweat of your brow will you eat" when they really mean "if you're not clever/cunning/shrewd enough to double the silver in your hand, you deserve to have the coins taken from you and cast into the outer darkness, where there will be weeping and gnashing of teeth."
There is no equivalence to the alternatives you posed.
In a liberal/socialist/collectivist society, if you are in the 90%, there is no chance you will ever become part of the 0.1% elite. The very best you can hope for is for the 0.1% elite to promote you to the 10%. But why would you want that if all that means is that you now have to support the 90%?
In a conservative/capitalist/individualistic society, if you are in the 90%, you have a shot at getting into the 10%. The odds may not be good, but at least you have a shot. As a famous writer once said, the reason socialism never took hold in the USA is because every poor person in America thinks he?s a millionaire who has temporarily fallen on hard times.