Other analyses may find creditors to businesses contributing more to wealth-creating innovations than this, but as anyone with consumer loans knows, lenders win, borrowers lose, and nobody is creating new wealth.

This is not correct. Lenders do not always win, some borrowers default. Borrowers only lose if they make bad choices or take large risks. Say, I borrow a few thousand dollars to set myself up as a street side vegan hot dog vendor. If my business plan is correct I can make my loan payments, cover my other operating expenses and generate a profit. I (the borrower) win, the lender wins and I am providing a service to the community and creating new wealth in the form of paid off capital equipment and my profit. If instead of working at my vegan hot dog stand, I hire someone, I am creating a job. If that job pays a living wage, I am a hero and the lender shares some of the credit as without their capital, people would have less choice of service and less choice of employment. Depending on my pricing and what I pay for wages I could be a benevolent capitalist or a rentier capitalist.

Benevolent capitalist — good

Rentier (predatory) capitalist — evil

To be a Rentier (predatory) capitalist I probably need to be an Oligarch, a Monopolist, a Plutocrat or involved in organized crime, otherwise market forces would moderate the wage/price equitably.

TEK