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?

  • structuralize_this [none/use name]
    ·
    1 year ago

    You can't move natural resources and labor so it doesn't matter.

    At the end of the day, the USA is resource rich, and labor is required to extract the resources. If capital leaves, they lose the labor power needed to extract resources. Those resources are then an input into future production.