Bring back capital controls

Repealing capital controls defeated taxation powers and allowed some multinational corporations to rise to super-sovereign status, shopping for the bits and pieces of governments they liked around the world while being funded by the country they grew out of which was being competitively scavenged by their contemporary super-sovereigns multinational corporations using a combination of preferential legislation and passive tax collection. Its stripped bare now.

Capital controls would result in more domestic investment in industry because the multinational corporations would not be able to move capital overseas as easily.  Capital controls would work as a check or limitation on the power of multinational corporations.

 

 

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