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Absolutely not the case, Barry!
No companies would be deprived of their investments.
Assets usually reap a profit, but the profit always goes to the asset's owner.
The super-rich are reaping the profits of many assets, which is why a person with, say, 1 hundred million pounds in private assets, is likely to earn another 1 hundred million pounds in 5 years. Their profit does not go to the economy, nor to companies and businesses, but to them alone.
The profits of a share-company's assets, on the other hand, go to the share-company (providing the chief executives don't siphon it all off in bonuses).
For which reason I haven't advocated confiscating companies' assets, or the assets of businesses in general.
For the record, I've also stated in the past that companies' profits, once the tax has been paid, should be paid as dividends to the share-holders, and NOT as bonuses to the chief executives who already receive a top salary from the company.
My visions of economy are fair and to the benefit of all people who are part of society.
The present system has driven our Country into bankruptcy.
Many countries in Europe are bankrupt.
It is worthy of note that you never mention in your replies, Barry, the Public Debt I keep referring to.
The public debt is the reason why Greece, Ireland and Portugal sought bailouts.
When a country, such as Greece, has to resort to 34% interest rates on 10 year bonds, then the game is long over. Spain and Italy are both in need of a bailout, and each of these countries is battling to keep the yield on 10 year bonds under the 7% mark.
All these mentioned countries are in a state - or near-state - of insolvency, because they cannot service the interest rates on their already existing public debt, and end up selling bonds for even greater interest yields just so as to get the money to pay the INTEREST on already existing bonds. The game by then is long OVER!
So how come you keep avoiding my reference to the Public Debt?
Because you know I am right, and will not admit it!