Peers of the realm once argued that without them OWNING EVERYTHING society would collapse.
CApitalism is based on the assumption that laborers must be paid less than they produce so that capital can be concentrated for future projects.
And that is a good economic system when the economy is CLOSED.
But when that capital can migrate to other economies, then the basic concept of how this system works is flawed.
And that is what is happening to this nation right now.
"for future projects"
Tell me what future projects my 2 corporations are planning and how much $ I am concentrating on that.