It is also not true. There are numerous innovations targeted for the betterment of us all. The three-point seat-belt is a quick one that comes to mind. The field of medicine has tax funded research innovating at a remarkable frequency, where the target beneficiaries is all humans who need it. Expensive infrastructures like roads, train networks, electric grids, and trash disposal systems are build around the world for everyone who needs, not just the once who can afford it.

But we do lament things that are target at rich people, because these rich people are literally destroying the world with their over-consumption. They certainly don’t deserve more nice things that the rest of the world is paying for.