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Let me put it this way.
It's possible to become a millionaire through a combination of hardwork, brains, luck and timing.
It's impossible to become a billionaire after that without exploiting others, whether that is workers, employees, investors...whoever.
In other words, it's possible to be an honest millionaire, but not an honest billionaire.
So the amount of wealth a person is entitled to is the amount that they can earn with their own labour without exploiting others in order to do so.
So if you own a furniture store, and you pay your employees a living wage, give benefits, etc... and after that you're successful enough to be a millionaire...great. You deserve it. If you're an employer and you own a furniture store, and in order to become a millionaire you have to pay your workers minimum wage and rely on unfair labour practices to inflate your profits...you don't deserve it.
I use the furniture store example because I worked for just such a guy. Family run business. Paid us all well enough. Gave us benefits. Made sure we were taken care of. Treated us like family. And he was financially very successful while managing to do so. Could he have made even MORE if he had taken it from wages and benefits...sure. But that wasn't the type of person he was.
To me, THAT example is capitalism working as it should in it's purest form. Corporatization is just a bastardization of the concept created by venture capitalists and shareholders.
I totally agree. And id like to ask, what sort of system benefits this?
Regulation is what government does and kills small business while large corps either pay em off to get by or they submit to regulation and lose a few billion but doesn't affect em.
Socialism is viewed here as government ownership of everything, no more individualism, and Americans fear government above all else (ironically blindly trusting corporations with all their money and data).
Cant we outlaw corporations and continue as we are? Sure would be nice.
I think the world would do better if all of us shrank a bit to be more mindful of a community economy.
If my neighbour down the street woodworks in his spare time and makes bespoke tables and chairs, I'll do everything I can to go buy from him rather than a corporation (for example)
Growing up on an Acreage, it was more common for us to buy a half a side of beef or pork from the farmer next door than to go to the grocery store. Same for vegetables from farmer's markets or similar community markets.
It's less about criminalizing corporations and more about refusing to reward them for making their profits off the backs of poverty wages and government subsidies..