the rich would just flee the country with their profits
I heard a really great point about this the other day. That the truly rich have most of their wealth because they own all of our shit. They can run off with a sack of cash and maybe it won't be worth going after them in some sanctuary country.
But they're not taking fucking Yankee Stadium with them. They're not taking our apartments with them.
Absolutely, which is why nationalization (actually seizing the means) is much more in depth of a discussion than just saying "tax the rich" and not elaborating.
I heard a really great point about this the other day. That the truly rich have most of their wealth because they own all of our shit. They can run off with a sack of cash and maybe it won't be worth going after them in some sanctuary country.
But they're not taking fucking Yankee Stadium with them. They're not taking our apartments with them.
Absolutely, which is why nationalization (actually seizing the means) is much more in depth of a discussion than just saying "tax the rich" and not elaborating.