My argument is that corporation are making larger and larger profits due to the factors in the economy, low minimum wage, low taxes, higher and better automation, are allowing them to get more work out of people for less pay, leading to lower costs to sell things. As a result, the economy needs to be restructured to account for, and counteract this trend.
Profits in a perfect competition would be 0, or near it, since no company could charge more than what a product costs to make without being undercut by another company. That would be best for the economy. High revenue, low profits. High demand for services from a corporation, and the corporation required to hire to meet that demand == more jobs. High profits is just money going into stockholders bank accounts, meaningless to anyone but those already with money. All depends on how you measure "well". corporations thriving is bad for the economy
Corporations thriving = more jobs
If the corporations are doing well, then America does well