Because capitalism and free enterprise are predicated on fair competition and equal access. In theory, the best and most innovative ideas thrive and lead to economic growth.
Extreme inequality undermines this by allowing those who already have significant wealth to put their finger on the scales (lobbying, anticompetitive practices, etc.)
Extreme inequality undermines this by allowing those who already have significant wealth to put their finger on the scales (lobbying, anticompetitive practices, etc.)