At some point, we might wakeup like Neo in the Matrix and decide to not play the game anymore at all, and then the economy comes crashing down anyway. The benefit of doing it that way is, most people will be okay, but the very wealthy will find themselves with little of value at all, and no one willing to help them.

One way to get rid of the rich is to leave this planet to them and move to another. :) Well, to do that, you need to be rich. Getting there, rebuilding it, requires significant effort and investment. It's best if the poor stay and the rich go.

There will be some poor people who want to be rich. Most people want to be rich. Someone with a little ambition wants to earn more as they earn. They want more, regardless of income inequality. The poor don't care. What matters to them is earning more. Unfortunately, the capitalist system has a downside. It provides the opportunity to acquire infinite wealth.