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Capital flight is a potential risk, true. There are any number of potential remedies on a niceness continuum ranging from using the legal system to freeze asset
by forgetfreeman 4y ago
Capital flight is a potential risk, true. There are any number of potential remedies on a niceness continuum ranging from using the legal system to freeze assets on the nice end to guillotines on the not-so-nice end. You're encouraged to consult any number of history texts for past examples of wealth transfer from the elite classes.
- logicchains 4y ago>There are any number of potential remedies on a niceness continuum ranging from using the legal system to freeze assets on the nice end to guillotines on the not-so-nice end You do realise the guillotines in the French revolution weren't used on "rich people", they were used on the nobility (ruling class)? And in the times that approach was used on the rich people, e.g. Stalinist Russia, Maoist China, Pol Pot's Cambodia, the countries in which it occurred was plunged into decades of extreme poverty and genocides.