Most people will never be responsible with money. They don't understand it, and certainly don't respect it. That is why wealth flows from the irresponsible many to the responsible few. And that is how it should be.
Not entirely true. The richest 1% in the world are just greedy banksters and swallow up everything for themselves by explotiing the poor and those who lend money from them. Many people live in poverty throughout the world without any hope of changing their life and that's not always their fault.