Reply #101: Historically, governments kept the earnings of the people [View All]

[ItNerd4life]

Capitalism was to allow the people to keep rewards of their work, not the government.
Thus, people work much harder to try and better their environment for themselves and their families.

The problem is wealth turns into power. Many of executives of businesses now have so much wealth and power,
they are keeping it instead of the workers within the company. They have become as evil as the governments
who kept the earnings.

The best way to combat this is NOT to tax the rich. It's to make it so the executives have to 'share' the income
of the corporation with the workers. 401k programs work great for creating wealth for executives and workers.
Create a similar program for income. Government taking the money in forms of taxes and distributing it doesn't work.

On edit: The anti-capitlism on this thread shows a complete misunderstanding of the history of capitalism and other economic theories.