Ah well, we're all humans with our own blind focus on specific wants and needs.
Most managers are not maniacs. Our capitalistic society just has a lot of bad incentives that are hard to change without damaging its good parts. Spreading power helps to balance things out. I know unions have a bad rep in the US but they do have good merit where government is laissez faire and no, we do not need to go heavy socialist (not meant to imply you were advocating for such). In general I'd wish we'd focus a bit more on societal stability than economic output but we need both.
I don't know if you can make a more obvious example as to why the elite needs to hang.