It's not a moral judgement. Morals have nothing to do with how power works. Society does not benefit from small groups owning enormous amounts of power.
Whether they're kings from "divine right", corrupt nepo babies or even legitimate geniuses. Nobody should have that much power.
There's a big difference between money and power, though. A TSA agent can affect your life in a big way without the use of any money. That's power[0].
There's a big difference between money: voluntarily trading value for services and goods, some of which might negatively affect you, and power: trading nothing for direct control of aspects of your life.
[0] Not inappropriate power, or not in theory