User:Jdicke16/sandbox

Dalfonso remarks:

Check the citations to make sure they are more factual. Citation 6 offers facts, but some sentences appear to have a bias. Obvious he is advocating for how he can get capital back in the game. You offset this however, by staying away from the bias material so good job doing that. All of the links were able to open for me.

Check the word play for this sentence Capital Strike was a term initially intended to be derogatory[5], but has at times been used more neutrally in modern politics[6][7]. Definitely the right usage it just might need to be rephrased.

Overall good paper I was able to access all the links, so no problem there. Great job on using the link tab as well. It gives me and others as your audience to click in if we don’t know or understand who or what something is.

=Article Plans: updating and improving the Capital Strike Article= (Note: on 2/22/2019 another user made improvements to this article but I believe there is still significant further work that can be done)

Introduction
Build upon the existing improvement I made by finding a better sourced description of the "Why" and "How" of Capital Strikes.

Move the Ayn Rand Quote to "In Popular Culture"

Add blurbs

The concept being considered a counterpart to a labor strike.

The concept being tied to Capital Flight.

Examples
Other user created list. Provide Allende Citation. Find more examples.

New examples if peer review deems necessary:

1970s Taiwan? (Further reading needed)

Allegations of CS in Venezuela?

Allegations of a CS in New York City?

Impacts
How FDR overcame capital power.

How Mitterand responded to the supposed CS.

The impact of the capital strike and link to the overthrow of Salvadore Allende.

How Obama admin Responded.

Further found example results?

Conditions under which capital strikes are effective.
What conditions lead to the success of capital strikes?

In Popular Culture
Move Atlas shrugged here.

Examples
It is difficult to determine with any certainty when a decline in business investment is the result of a "capital strike" against certain policies or a response to other economic factors. Most often, the phrase "capital strike" is used to describe resistance to labor-friendly or left wing reforms which are perceived or intended to be against the interests of business owners and investors.


 * U.S. President Franklin Roosevelt argued that the Recession of 1937 was caused by a capital strike organized to undermine the New Deal and his new taxes on high incomes.
 * French President Francois Mitterrand is said to have faced a capital strike when capital fled France following the 1982 nationalization of a large number of private firms and other labor market reforms.
 * Chilean President Salvador Allende is said to have faced a capital strike  when investment fell after his election, as he was the leader of a left wing coalition that proposed a series of large-scale nationalizations and far-reaching economic reforms. 
 *  U.S.  President  Barack Obama  was said to have faced a capital strike during the Great Recession, including  then-Speaker of the House  John Boehner stating that "job creators in America are on strike" in response to uncertainty over the  Obama administration's  economic policies.

Impacts
Capital strikes have historically impacted economies and governments in a variety of ways and provoked a variety of responses.


 * The Roosevelt administration took an aggressive stance in response to the recession and alleged capital strike. Roosevelt railed publicly against monopoly business interests , and signed into law a total of $3.75 billion worth of new congressionally allocated government spending to be divided among government recovery agencies, which helped spur economic rehabilitation.
 * Disinvestment and international market pressures forced the Mitterrand government to reverse course on economic policy, making significant cuts to public spending, raising individual taxes, and setting a hard ceiling on deficit spending.
 * While the capital strike, often manifested through the intentional under-production of necessity goods, damaged Salvador Allende's government , it maintained significant popular support among working class Chileans until it was overthrown in a 1973 U.S. supported coup that put in place a more business-friendly Military Junta lead by General Augusto Pinochet.
 * Under pressure from large firms withholding investment, the Obama administration pursued several pro-business reconciliation initiatives such as cutting corporate tax rates, pursuing free trade deals, and limiting government regulation, but still signed into law mild financial regulations, the Affordable care Act, and the 2009 American Recovery and Reinvestment Act.

Conditions under which capital strikes are effective.
'Given that capital strikes have succeeded or failed in a variety of situations, predicting how effective one may be is particularly difficult. Some have put forward that capital controls are one key method by which governments can mitigate the effectiveness of disinvestment and capital flight, but their usefulness has been disputed. The effectiveness of modern purported capital strikes in Greece and Venezuela have been attributed to the sheer strength of the financial firms involved. '

In Popular culture
'' A capital strike is the premise of Ayn Rand's novel Atlas Shrugged. ''