You are absolutely right, do you think steemit as community has a big problem because the difference between minnows dolphins and wales as well as the behavior of influential users is yet too unregulated?
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Distribution needs to happen but, it needs to be controlled distribution based on those adding value to the system, not randomized. It should be to the best net and spear makers looking to build the community. It isn't going to happen though as the incentives are not aligned in this way.
It is tough to do and a pity. The system will have to be way ahead of its users because wherever there are financial gains to be made people will always seek to beat the system: those who perceive themselves to be at a disadvantage.