Most likely, but still, I find seeking the misfortune of others is a sad state of mind, usually reserved to those on the lower end of the self esteem scale.
Just because they are better off now in relative terms, it doesn't justify how much more of the share in terms of land, resources and overall wealth the rich and and elite are taking for themselves.
That's how it's suppsoed to work. What actually happens is they lobby for evebn more favourable tax arrangment and deregulation, for weaker worker protections and focus primarily on short-term returns for their shareholders at the expense of all else.
The whole 'job creator' myth needs to be put to rest. It's straigh out of trickle-down Reaganomics. Corps are self-serving, psychopathic and amoral and cannot be trusted or expected to behave with a social conscience.
I'm all for worker rights. I don't think running companies and worker rights are mutually exclusive things.
If it was a co-operative then I'd agree.
It comes down to people. Some people are good people and will run a company well. Regardless of its tax status. Some are bastards and will act accordingly. This kind of thing, as cliche' as it sounds, starts at home. Bastards are cultivated, not born. The thing is by saying to someone you can run your company but I'll take 90% of your profit comrade, you are basically telling them not to bother. And to those that already bothered you're saying - stay as you were. Do not attempt growth. Besides, why stop at 90%? Why not just take it all?