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An economy is activity production, exchange, distribution, consumption. Ownership is a legal claim. If you own everything and do nothing, there is no economy. There is only a hoard. Anyone who says otherwise is either confused or benefiting from the confusion.

It's a process that compels production and accumulation. It runs. It expands. It transforms. But it only runs if there is motion and motion requires either incentive.

Because taxation is a capitalist mechanism. It redistributes value after it's been extracted. Socialists want to change the extraction itself democratize the workplace, socialize the assets that produce value, so there's no need to tax the rich because no one is siphoning value in the first place.