The core of the problem is “fractional reserve banking”. This is what allows incompetent elites to gain control of formerly great businesses like Google and Microsoft.
The way it works is that elites give their banker buddies the special ability to loan $20 for each $1 in deposits they get. This effectively allows them to gamble with the $20 and if a stock price goes up, they win big. If it goes down, no big deal because they socialize the losses with the “limited liability company”.
These legal Ponzi scheme mechanisms mean that competent founders of businesses are bought out by being offered too much money to say no to by people who should never have had it in the first place. Those businesses are then run into the ground.