The Unsolvable Problem of Capital Mobility

The unsolvable problem lies in the increasing mobility of capital, which makes it easier to move money and jobs globally. This leads to states competing with each other to attract these flows, gradually pulling them in more pro-capital directions. The consequences include outsourcing jobs, money flow to tax havens, and states making policy decisions to prevent these outcomes, which results in wage suppression, restriction of labor rights, weakening of trade unions, and overall weakening of the working class. As capital mobility intensifies, the structural power of oligarchs and corporations grows stronger, further diminishing forces of resistance.