People who spend every cent they can get their hands on will never have "wealth," no matter how much "redistributing" you do.
And "wealth" is not the same thing as disposable income for entertainment and toys. "Wealth" is investment.
This was the point I was going to make.
If you take the so-called logic of some on the left that advocate and profess that "Profit" is somehow wrong or evil, and ask them if "Individuals" should be "allowed to SAVE" money, their position changes.
Corporate profits are the same as individual savings.
Nope. Profits are just the amount of income left after expenses. Thus it equates more closely to an individual's income after fixed expenses than to his savings.
As with an individual, a corporation can choose to spend its profit in a way that equates to saving or investment, or it can choose to spend it in ways that equate to consumption, sometimes conspicuous consumption.
This is drastically distorted by tax laws, which encourages spending on non-essentials such as lavish expense accounts and entertainment, because the expense is classified as such and therefore not taxed.