Economic freedom is freedom from abuse and not freedom to abuse others who should be free of your abuse. The primary vehicle that a society has to restrain such abuse is the government. There is almost nothing that can be accomplished by one person alone. To accomplish a goal everyone working on it needs to do their part, and always it comes to one person to make the final decision or there is a contest of opinions that one person wins, or the goal is not achieved.
This job of making those decisions is just a job, it contains power, but is rarely the most difficult, and certainly not the most effort. But in holding that power, the person with the job is the Agent, by some level of assent, of everyone else that is affected by that goal, and how it is accomplished. As the Agent with the power, there is special responsibility to act in the interests of all, and giving one's self all the goodies and dumping all the costs on to others is tantamount to embezzlement, and criminal at least in intent.
Forming a society is one of those group goals, more complicated and spread across generations, but the structure underneath remains. Like many such groups you can only opt out by suicide, or at best distant travel, and you give assent by not doing those things.
One of the decisions in any group goal is indeed the distribution of goodies usually called wealth and perks, and it is a dysfunction of most groups that Agents see themselves as so deserving of that power that they have the right to embezzle all the goodies. They have even spent an enormous amount of those ill-gotten goodies to try and convince their clients that they actually deserve the situation as they have made it.
However any sane person who looks at the situation can see that all that embezzlement has reduced not only the lives of the client/victims but made the entire society more dysfunctional and less capable of functioning overall. Looking back we can see that even Kings lived pretty wretched lives because the freedom they suppressed prevented the accomplishments that would have benefited them as well.
It is hard to see what might be, but you can bet that this society has already fallen short of that, and is falling further as I write this.
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