Linear rewards are fundamentally flawed. I pointed this out many times. Here's one. I'll possibly make a whole post about it.
I don't necessarily agree with everything else you said but I do agree with this.
If nobody wants to acknowledge or address the actual problems with the blockchain protocols that have created this mess, then there’s no point debating the useless “fixes” that people keep proposing.
Linear rewards still aren't the root of the problem. It's like banning guns, to prevent crime. It doesn't matter much if you're killed with a knife instead of a gun.
The actual root of the problem is failing to incentivize societal virtues other than financial. Stake-weighting is the mechanism that subsumes all other societal virtues to financial holdings. This is the source of almost all societal ills, and not merely Steemit's trending page.
Jesus attacked the moneylenders for this reason.
It's still the reason.
I'd happily give my votes/attention to anyone who can help people see the world as I see it so that their content can reach a wider audience and gain more acceptance or resistance.
Under the current system, it seems the people who will end up with the most Steem will be those who create 10 posts with the help of a bot and upvote those 10 posts leaving everyone at a disadvantage.
The power of the people come from what people put their attention on. This is where the power/value of Steem stem from.