π node [[capital strike]]
Capital strike
Capital threatening a state by for example witholding its business. Used to pressure the state into doing what the business wants, i.e. something that's probably bad for the people but good for profits.
The idea of a βcapital strikeβ has been around forever. Itβs the obvious complement to the labor strike: just as workers can shut down production by refusing to come to work, capital can shut down the economy by refusing to invest and hire workers
The capital strike threat prevents policymakers from seriously considering many popular and sensible reforms.
π stoas
- public document at doc.anagora.org/capital-strike
- video call at meet.jit.si/capital-strike
β₯± context
β pushing here
(none)
(none)
β pulling this
(none)
(none)
β forward
(none)
(none)
β₯
related node [[20210312164354 capital_strike]]
π full text search for 'capital strike'