capital goes where labour goes, and labour goes where capital goes. it's easy to forget that capital is not simply money but everything else that is not labour

capital goes where labour goes, and labour goes where capital goes. it's easy to forget that capital is not simply money but everything else that is not labour - buildings, facilities, machines, computers, etc. this is not a central planned economy. people organize where they want to organize and it turns out large cities are increasingly where people want to do that. people - the ones who choose neither to move to rural communities nor to bring custom - and not capital, are the systematic destroyer of local communities. mergers, like large cities, are just another symptom of humanity's unsatisfiable desire for efficiency. competition good, cooperation better.