Please do not use the quote from the Bible in an inappropriate context.
Matthew 13:11 is
He replied, "Because the knowledge of the secrets of the kingdom of heaven has been given to you, but not to them.
The context makes it clear that 13:12 is talking about spiritual possessions/riches, and not an endorsement of the 1 percent. Camel, eye of the needle, not serving God and mammon etc. all deal with this.
Luke 19:26 repeats the line but within the context of money. It certainly isn't an "endorsement of the 1 percent", but more a statement of truth observed in virtually every human domain.
I do agree. But ever since Malcom Gladwell popularised the "Matthew effect", I am sad that an-out-of context quote is used to justify the promotion of deliberate cold-blooded apathy towards inequality. Whereas it is very clear in other contexts that the New Testament discourages accumulation of wealth. (Disclaimer: I am not a Christian, but read the Bible and other scriptures regularly).
I don't understand how you got "endorsement of the 1 percent" from "general principal".
Think of it another way. Imagine two people with Tom Brady's talent: one ends with mansions in Southern California and multiple superbowl titles, the other ends up unemployed in Arkansas.
Matthew 13:11 is
He replied, "Because the knowledge of the secrets of the kingdom of heaven has been given to you, but not to them.
The context makes it clear that 13:12 is talking about spiritual possessions/riches, and not an endorsement of the 1 percent. Camel, eye of the needle, not serving God and mammon etc. all deal with this.