If you have any more questions please feel free to let me know.
To answer your question directly at its face value, the distinction between wealth and the means of production is blurry. The point I tried to raise is that corporations as they exist today act on an imperative of profit maximisation. To let them act on this imperative, only just to tax them a portion of the profits, is not a solution. In the linked comment, I refer to fossil fuel corporations as an example and I will reuse that example again because it is easy to relate to. Would you not agree that it would be better to excise our reliance on fossil fuels altogether at some point? Or at least reduce our reliance on them to a minimal sustainable quantity? Doing this in a scenario where we let capitalists do what they want, only if they let us tax a portion of their profits, does not make sense. In fact, it is contradictory. Which is the reason why capitalism with fair taxation does not exist yet, even though capitalism has existed for close to a millennium.
Can you explain to me what the difference is controlling wealth and owning the means of production is, please?
I explained my point a bit more here: https://lemmygrad.ml/comment/4207941
If you have any more questions please feel free to let me know.
To answer your question directly at its face value, the distinction between wealth and the means of production is blurry. The point I tried to raise is that corporations as they exist today act on an imperative of profit maximisation. To let them act on this imperative, only just to tax them a portion of the profits, is not a solution. In the linked comment, I refer to fossil fuel corporations as an example and I will reuse that example again because it is easy to relate to. Would you not agree that it would be better to excise our reliance on fossil fuels altogether at some point? Or at least reduce our reliance on them to a minimal sustainable quantity? Doing this in a scenario where we let capitalists do what they want, only if they let us tax a portion of their profits, does not make sense. In fact, it is contradictory. Which is the reason why capitalism with fair taxation does not exist yet, even though capitalism has existed for close to a millennium.
Thank you for this. Makes perfect sense. I think that the thing is people like OP might not realise that one is good, the other is so much better.