that’s how the rich get richer and the poor get poorer. at this stage of the globalism (or more definitively, global capitalism), that process which you described above has a new casualty: the middle class. when the possibility of attaining or maintaining access to a "middle class" , revolution is inevitable. does 1% vs 99% ring a bell?
what I can’t understand is how time and time again, the rich don’t realize their greed and desire for more ultimately only hastens their very demise. smart enough to get the wealth but not smart enough to keep it.