Jul 21, 2017 · 1 min read
Corporate profits aren’t a tax, they’re a measure of economic efficiency.
The problem is the balance of power in the negotiation between capital and labor has tilted radically toward capital in the last few decades, much the same way it did in the late 1800s at the start of the industrial era. We need to fix that balance of power, and perhaps stamp out a few of the worst exploits of capital, much as the antitrust laws did 100 years ago.
