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?
counterpoint, white flight is the exact same phenomenon as capital flight.
This is a mostly US specific answer but the white labor aristocracy has essentially fled the cities for the suburbs and its a serious issue that has resulted in schools and public services being significantly underfunded in nonwhite areas.
Yes, it would be impossible for the rich to take a factory outside of the country if a revolution happened right now. But capital flight can be and most often is a gradual process, do you think the rich don’t prepare for such a scenario?
And what about brain drain, when highly educated and skilled people like doctors, engineers, and scientists flee from a revolution when the state legitimately needs their services? The USSR and USA jockeyed for German rocket scientists.
Small business tyrants may be one thing but when you have human capital fleeing a revolution that’s bad, that’s very bad. Either they have to be killed or re-educated. It doesn’t matter how brilliant someone is, if they are being paid to run the nuclear program of a nation like Israel they got to die. The Cuban exile community even existing at all is unironically a failure on the part of Castro.
When the revolution comes it has to be unexpected and fast enough to make escape from it impossible, and odds are it’s not going to be a global revolution so there will be many escape routes possible.