"Bob Crantz" wrote
Capital will always flow to where it will produce the highest returns. The
influx of capital will always raise the standard of living of those in the
region to which it flows.

Yea, well tell that to the West Virginia coal miners of the late 1800s.

The problem often is that the owners of a business do not manage it. The
managament is done by a special group of employees called "managers" or
"bean counters". They manage it to benefit themselves, not the owners
(shareholders) and certainly not the workers. Unions counterbalance these
oft-dishonest people. Look at the scandals!