There are a number of reasons I disagree with the conclusions reached in this article. For one, what the author calls 'rent-seeking behavior' (getting favorable regulation) is because a lot of the entrepreneurship we see in America is fighting old incumbent industry's [1] (SpaceX, Uber, Airbnb). Obtaining favorable regulation is a necessity for these companies to stay alive. The arguments also suffer from the 'fixed wealth fallacy' in which inequality is deemed as an inherently bad thing. It is in many ways a very good thing [2]

[1] The upstarts by Brad stone. A book about the rise of Airbnb and uber that shows the entrenched regulations they had to fight against the hotel and taxi industries.

[2] Enlightment now by Steven pinker, Chapter 9