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Wealth is desirable, both individually and for society, so that more products can be produced and acquired.

You're begging the question--why is it important to acquire products?

Apart from food, medical care, a change of clothing, what else do you really need? (There is one more thing--last but not least; but first, your opinion.)

And you still haven't defined wealth.

Wealth is just the sum total of your assets at any given period of time, including housing, money reserves, and all of your possessions.

Why is wealth important? It is just a value judgment. If you don't value wealth, fine, you don't have to value wealth. But those in pursuit of wealth provide the products that you purchase. So if you continue to want good health care, food, a place to live, etc., a competitive system whereby people pursue wealth provides those goods for you.

No one is forcing you to pursue wealth, ie, the maximization of your assets. Nor do I think that it should be worshipped above anything else, ie, family, friends, relationships, etc. It's just that your argument that risk should not be rewarded, etc, smacks of an anti-capitalist tendency. Do you have some envy towards the wealthy or something?

Apart from food, medical care, a change of clothing, what else do you really need?

What business is it of yours to determine what I need or what I want? I need whatever I think I need and whatever I want. As long as I operate within the law, you have no business interfering with my acquisition of what I determine I want or need.

Your point of view is Marxism at its most absurd and Communism at its most extreme. We live in a (sort of) FREE country, not a Marxist state where self selected arbiters of public conscience (like you) get to decide what's best for everyone else.