The OP only addresses money as a resource. That can work when talking about average people, average employees. But if you want to talk about elites, money becomes only a yardstick, a metric rather than a resource.
Certain people do not value money directly. They value having more money than other. They value relative wealth. This is why a billionaire will fight for that extra 100k from a contractor or may cut wages on a whim. This drive for relative disparity occurs on the large scale (say a billionaire going after casino workers) the medium scale (athlete A wanting to be paid more than athlete B regardless of number) and too at smallest scales (wanting to be the highest paid in the office).
This is human nature. The danger occurs when a powerful person, unable to meaningfully increase their wealth due to the law of diminished returns, decides to attack those with less.
Certain people do not value money directly. They value having more money than other. They value relative wealth. This is why a billionaire will fight for that extra 100k from a contractor or may cut wages on a whim. This drive for relative disparity occurs on the large scale (say a billionaire going after casino workers) the medium scale (athlete A wanting to be paid more than athlete B regardless of number) and too at smallest scales (wanting to be the highest paid in the office).
This is human nature. The danger occurs when a powerful person, unable to meaningfully increase their wealth due to the law of diminished returns, decides to attack those with less.