Capital strike
*planted: 24/07/2021last tended: 27/11/2021
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 “capital strike” has been around forever. It’s 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.
1. Elsewhere
1.1. In my garden
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