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prottog | 2 years ago

Almost every country with significant capital controls are ones you likely wouldn't want to voluntarily move to.

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dontlaugh|2 years ago

You’re assuming I own capital. I don’t.

Maybe you wouldn’t want to move to a country where the working class is in charge, as opposed to your own class. I don’t dispute that.

prottog|2 years ago

I did not make that assumption, with the idea that in countries with free (or freer, at any rate) market-based economies with little to no capital controls, the rising tide lifts all boats, including those of the proletariat without capital, to a standard of living higher than countries with unfree economies and significant capital controls.

In fact, in two of the countries that presently have significant capital controls (China and Russia), even your human capital is controlled with internal passports that limit where in your own country you can move to.

Of course, I likewise don't dispute that I don't know what your preferences are. My original statement ("you likely wouldn't want to") was intended to be a general statement, not for you in particular as an individual.