In France, one of the arguments is that they will leave the country (if we nationalize what they left behind, good ridance) so depending on why there would be no more billionaires, it could be true in a sense.
I suppose whether people leave also depends on a countries quality of life. From what I understand there’s the general consensus that people who can afford it and those who can make a living in another country, are the first to leave when there’s eg conflict/war/apocalypse. I’m not sure how much this affects billionaires or business owners, but assume it has at least a little effect.
In France, one of the arguments is that they will leave the country (if we nationalize what they left behind, good ridance) so depending on why there would be no more billionaires, it could be true in a sense.
Truth is, they would not flee this much
I suppose whether people leave also depends on a countries quality of life. From what I understand there’s the general consensus that people who can afford it and those who can make a living in another country, are the first to leave when there’s eg conflict/war/apocalypse. I’m not sure how much this affects billionaires or business owners, but assume it has at least a little effect.