A great surface level analysis, there's alot more more below the surface though, when money is involved oligarchy's form, to a certain extent what George Orwell discussed in Animal Farm has emerged.

Whats great is that Steemit as it stands has a great group of intelligent people filtering through everything and calling out any abuses and corruptions. Ultimately it's a new form of 'online society' - just keep your head on your shoulders and dig deep into the interesting insights you come across whilst here.

:)