If you won't do anything about the wealth, the top 1%, or top 0.1% will own more and more, until they own everything. Literally. There is no other outcome possible

Over the last 100 years the wealthy have expanded their gap between themselves and everyone else AND poverty rates have become the lowest at any time in history.

Seems to me that the status quo is allowing billions of the poorest people to afford food, shelter and more.

When you contextualize it that way, your argument looks like jealousy. For your argument to make logical sense, you must show that the poor are worse off than they were 100 years ago. But that's completely false. Extreme poverty was almost eradicated completely in that time.

You've got the 2nd wealthiest man in the world who created a company that sells essential goods at margins between 0 and 5%, far lower than typical 30% margins in retail. The poor have benefited profoundly from this, as their buying power has never been better (not to mention the lifts in living standards, wages, etc).