Like even in the best of scenarios where the left isn't destroyed but can actually summon some form of revolutionary energy against capital, what is to prevent most capital investment from leaving the country as the winds begin to turn?
Is there good theory out there on how to prevent capital flight? Are there capital controls that don't simultaneously provoke capital flight?
Yes and no, lots of manufacturing has been outsourced, but the imperial core still does have a good bit left its all either automated or high tech production.
As for financial capital, you gotta grab them big banks. As our sweet boi Lenin said the capitalists do us a favor by concentrating control in fewer and fewer banking institutions.
But how do you grab a bank, isn't a lot of :porky-happy:s money kept on Caribbean islands? And if it isn't can't it be moved there readily if a serious threat from the left begins to materialize?
Wouldn't the end game be that their money becomes worthless? That they are no longer capitalists? Their mansions become ours their funds and even the planes they flee on become collective.
Sure that's the end game. Until then we'll likely need to trade with other countries, and I'd like to seize the billions they've expropriated from my country and invested abroad so we can use that money for appropriate means. I honestly don't understand how we're supposed to not have capitalists if you let them keep all their money to continue to fuck with the world.
yeah but that takes a while
Yes but the banking institutions control the means of transferring funds around.
Doesn't that include the banking institutions on said islands?
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