Except they don't became any less wealthy because of this. Their products might become crappier, but again, in most cases this doesn't matter because the people making decisions about buying products are not the people using them. That's why most enterprise software is so terrible, btw.
It's almost as if this self-correcting dynamic had something to do with efficient resource allocation and general prosperity; but what do I know, I'm but a simple backyard furnace operator.