> private business is there to enrich its owners The value captured by the owners is a tiny slice of the value provided to the society. For example, the value

> private business is there to enrich its owners The value captured by the owners is a tiny slice of the value provided to the society. For example, the value I get from my iPhone is much much greater than the money I pay for it - it's just logical, I simply wouldn't buy it otherwise. And the value received by the owners is the well deserved reward for creating the business - a very hard and low chance of success endeavor - but essential to our society. Everything in my life is created by private businesses: from the clothes on my back, the food I eat, the car I drive, the house I live in to the computer I earn my living and write this on. I lived in a society without private businesses, under communism, and everybody was cold and starving.