It does not: it assumes that corporations have their own interest in mind, and are kept alive at the cost of "as long as they are profitable for (most of) the o

It does not: it assumes that corporations have their own interest in mind, and are kept alive at the cost of "as long as they are profitable for (most of) the owners". Whether we, the people who have to suffer them, want them to exist or not does not particularly enter into this. If that's the part we want to take aim at (and maybe we should? or maybe we shouldn't?) then that's an important but completely separate issue.