The global trend is, that the wealth (in money, shareholder-value, ...) of the world is mostly owned by <<10% of the people. Of course, when you put together a

The global trend is, that the wealth (in money, shareholder-value, ...) of the world is mostly owned by <<10% of the people. Of course, when you put together all the money of the middle class and also the better of lower class, you get a huge stack of money ... but this part of the worlds wealth is distributed much more than the money of the 1% richest persons. I am not sure, how the pension funds fit into this ... but ask yourself, who controls all the money. In most cases, the money of smaller owners is controlled by the money of the big owners. Of course, it is absolutely conforming with the system, that the small owners also become shareholder threw own investments or funds. But the system is always that way, that money is inherently not democratic, but those with the (singular) hugest stack of money controls the rest. Also those with the most money can draw the biggest benefits from it -- and finally, the money will concentrate more and more in few hands. Might be, that corporations are owned to a large part by the public ... as long as the most benefits go to the wealthiest people (normal people seldom have funds so huge, that they and their children's children don't need to work to have a good live ... billionaires have) and are controlled by the wealthiest people, the extra money from public funds are just a welcome benefit for the system.