Caterpillar Inc. made headlines a while back when it attempted to freeze wages amidst windfall profits. Supply side economics which epitomizes free market capitalism basically holds that water will find its own level.
Four to five percent of the population is born without a capacity for empathy. It is a neurological lack. A psychopath may be a genius and become a multimillionaire, but he will never be able to understand empathetic values.
For some, the system works best when elites make the most fundamental decisions for our society, unencumbered by the trappings of "democracy", and when the population is depoliticized, misinformed, or both.