Technically, yes. Lots of gas stations are still single owners. Or he might own two.
The point is that these corporations will not be putting as much back into the economy as they will be taking out of it. That will dry up capital and make it harder for an individual to be able to participate in the economy.
It’s a form of feudalism that is forming, I think.
Re: The point is that these corporations will not be putting as much back into the economy as they will be taking out of it.
Money does not stagnant.
You can buy the stock of these corporations and enjoy dividends and capital gains.
If they are private corporations, the owners will still do something with the money - spend it, invest it, fund R&D, fund new companies, give it away to family and friends, etc.