1 depends on the industry, some industries are low-margin while others are high-margin. Either way, why don't the people who generated the profit, the workers,

1 depends on the industry, some industries are low-margin while others are high-margin. Either way, why don't the people who generated the profit, the workers, get to decide how the profit is divided? 2 isn't true. Not only is most innovation funded by taxes and conducted by public institutions, but it's the market that drives iterative and combinational improvement on new inventions and you can have markets without capitalism. Capitalism is the division of people into capitalists who own the means of production (traditionally factories but nowadays increasingly IP), and workers who work them for a wage. The first step in moving in the right direction, IMO (I'm keen on incrementally and cautiously implementing improvements) would be to ratchet up the number of cooperatives operating within the economy. They're more likely to survive than corporations and they're more empowering for workers.