The rich can buy more reducing supply, raising prices.
Rich industrialists buy up raw materials, package it, and sell it leaving less raw material (or lightly refined like flour from wheat, sugar from cane) for the masses to get cheap.
We pay to cover the industrial cost of the work to package cereal rather than the cost of flour and sugar.
It’s simple arithmetic and a bunch of philosophy, platitudes, and euphemisms justifying it.
A friend of mine is a collections agent who just signs computer generated letters just to role play our socioeconomic game. Give them an equivalent UBI, and we don’t have to provide them a work computer to go along with their personal gadgets.
We produce way more than we need to to satisfy the job LARP.
I took away the premise just fine without getting hung up on elementary grammar.