The MARKET decides who is worth what.
Come now. You know it is more nuanced than that with the plague of rampant inorganic voting. Yes, it's the system in place and, yes, and it is broke imho. Do you at least acknowledge there is rampant manipulation and perhaps a bit of cronyism among the larger stakeholders?
For instance, do you not acknowledge that stake is easily able to be leveraged to override effort and quality? I see it ALL THE TIME. I believe Steem is a microcosm of the nature of man. There is a lot of greed and deception as to what is quality content. Curation has gone to the wayside. For instance, have you noticed how dollarvigilante double dips and people just eat it up? I'm glad at least Bernie went after that but I reckon it's only the tip of the shit iceberg.