You might as well say it's whales vs. Steem. @haejin is just using the same tools all the whales have been since they mined their stakes before Steemit was public. Whether @haejin gets 5% of rewards, or the other whales keep it for themselves, it doesn't get to us minnows, who receive ~1% of rewards.
I consider @haejin's selfvoting great for Steem, because if his depriving the other whales of 5% of their take from their circlejerks, selfvotes, and votebots/delegation fees, doesn't prompt change in how rewards are allocated, then nothing will.
@haejin isn't the problem. The concentration of rewards in the accounts that already have the most stake is. The problem is stake-weighting, and that degrades society by enabling money to control speech on Steemit, just like it always has, and now more than ever, in the real world.
Rewards don't need to be stake-weighted to have all the good benefits they do, such as encouraging creators of good content. 1a1v will do that just fine. The only thing stake-weighting does is make profiteering more attractive than investment.
SOC (SMTs, Oracles, and Communities), when and if they arrive, will make it possible for communities to enable 1a1v, as well as allow the extant stake-weighting profiteering model Steem has.
Which do you think will be adopted by minnows more, when SOC makes it possible to choose?
I'm looking forward to the end of profiteering on Steemit. I bet retention will increase by orders of magnitude in those communities that prevent profiteering by the wealthy.
We'll see.
Communities is surely going to be very useful for everyone. I've seen that most people tend to stick with authors they know and since early adopters have lots of STEEM with them, even out of the quality content creators, the older accounts are getting most of the rewards. There is nothing wrong with their earnings. It's just an uphill battle for a new account to gain visibility.