The starting premise is entirely false. I don't propose removing them at all, and I argue that you're wrong across the board.
It assumes that one person's wealth is an impediment to another person's opportunity, such that there is a finite amount of wealth to go around and no more is ever created. Classic fraudulent economic argument.
In 1932 your argument would have held just as much weight then as it does now, and would have been just as false. We're vastly better off and wealthier as a nation across the board than we were then. Wealth is not finite, and one person's success (or failure) does not mean there is less or more wealth to be had. A simple proof of this in action, is the stock market crash of 2009. Trillions were lost by the 1%, and that wealth should have been picked up by the 99% in your theory; it wasn't however, specifically because wealth can created and destroyed, it is not only transferred as your premise assumes. The 1% suffering a 40% haircut on their wealth did not create more opportunities for the 99%, which again your theory proposes to be the case.
You're putting arguments in my mouth. I'm not saying that there's only one economic pie that we all pull from, I'm just not spelling out every single way how a currently powerful class of people is robbing our future.
Sure, wealth gets created, but that doesn't mean you can't have a confluence of conditions that cause an economy/to decline.
Arguing that we're fucking ourselves over long-term is not the same as saying wealth is finite. If my premise is flawed, it's no moreso than your response.
It assumes that one person's wealth is an impediment to another person's opportunity, such that there is a finite amount of wealth to go around and no more is ever created. Classic fraudulent economic argument.
In 1932 your argument would have held just as much weight then as it does now, and would have been just as false. We're vastly better off and wealthier as a nation across the board than we were then. Wealth is not finite, and one person's success (or failure) does not mean there is less or more wealth to be had. A simple proof of this in action, is the stock market crash of 2009. Trillions were lost by the 1%, and that wealth should have been picked up by the 99% in your theory; it wasn't however, specifically because wealth can created and destroyed, it is not only transferred as your premise assumes. The 1% suffering a 40% haircut on their wealth did not create more opportunities for the 99%, which again your theory proposes to be the case.