reading your posts proves to me how we failed society.<quoted text>
Ignoring your loaded question about confiscation.
The maldistribution of wealth is primarily a symptom of policies that allow an inequitable distribution of GDP among those who do the work to produce it and those who earn the means of production. A purely capitalist system has a fair amount of ugliness to it (workers discarded at the end of their useful lives, minimal motivation to protect worker's lives and safety, market-based payment rather than any notion of the actual worth of work, etc). At the end of the gilded age, not only were workers so downtrodden as to have little to lose by organizing, but various preventable events (such as the Triangle Shirtwaist Fire), coupled with a progressive movement heavily reliant on educated women with a notion that they could uplift the masses, there was a general reluctance to continue with hands-off policies with regard to workers and industry.
While the world that most of us grew up in still allowed for considerable profit-making at the top, various protections tended to prevent the kinds of conditions that had spurred the growth of the robber barons. Taxation tended to support things like safety inspections, but also to ensure that those at the bottom of the heap had access to minimum levels of nutrition, health care and education. And supports like minimum wage legislation, fair labor laws and so forth made it possible for those on the bottom who were diligent to move upward into the middle class. We have gradually given up the kinds of things that were supported by taxing those at the top more heavily.
And we see the results.
A corporation is only in business to generate profit......the only reason.
all you wrote above is cry baby BS.
guess what....an ambitious employee of the robber baron textile plant could show the robber baron how profitable he could operate a cut & stitch plant across the street; and enjoy the scales of economy the partnership provides.
new wealth created
you Reader would never make it off the weaving line. Would always demand extra breaks; and be crying why you can't make a living wage.