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Playing as Spain in 1897. I have had a popularly elected LF liberal government for five years and treasury reserves are around ₤10000 but my daily balance is zero. My country is 10th overall, with industrialization at 13th. My literacy is around 75%, my economic technology tree is 17/30ths complete, and my military is slightly undersized but probably can handle itself defensively.

I have kept tariffs just above zero, maximized my exports and set up my tax structure at:

Poor: 32%
Middle: 32%
Rich: 25%

My problem is that my Capitalists have 0% of their luxury goods and their cash reserves only around ₤60 to ₤90. I really don't know what to do to make them earn some cash. The rail system is barely covers 1/3 of my country and none of it is expanded to my top tech level, I haven't seen a new factory in a decade and I have promoted two capitalist pops in the unindustrialized northwest to see if anything can be spurred. Nothing. What can I do to make them rake in the money?

Edit: Oh, I'm playing the newest VR:VIP, but any suggestions related to VR would be just has helpful. Thanks.
 
Drop rich taxes to zero. You should always drop rich taxes first and then lower tariffs if needed as tariffs affect all classes. To be honest, I think you will have a hard time getting your capitalists to earn money if you're already in 1897. By then you should have researched a fair amount of economical techs and they raise the needs of capitalists and combine that with your low amount of railroads and they wont make much money. You should also beware of promoting too many capitalists, as they will each get a smaller share of your export income.

Your best bet is probably to go interventionism if possible and build the railroads yourself. As your exports then increase, your capitalists will make more money. The problem is that you should have lowered rich taxes to zero a long time ago and then you would have been in a better situation by now.
 
Thanks! I've been playing pretty conservatively, but I wanted an element of historical realism. I'll try dropping rich taxes even further. The one thing I utterly lack is militancy, so I can raise lower class rates to 49%, raise tariffs and drop into debt for a bit and I'll be able to handle the blowback.
 
Poor, RICH AND LAZY capitalists

Eh, i've got rich taxes really high still (interventionism still and probably in the future too, just unified Italy and also in my first election campaign, voting rights by wealth), had them over 45% the whole time. But I do have one 76k capitalist POP in central Italy that just won't build anything. It's not that they don't have money, they have at least 60k in savings now (1846 I think). Luxury goods are at 100%, but everyday goods at 33%. I'm producing several of the everyday goods they're not getting, and was #1 prestige for a while (now #3) and they still weren't getting the goods.

Sounds like I should just drop rich taxes and tariffs, but it just seems counterintuitive, the capitalists have plenty of money.

edit: the other capitalist POPs are 1-16k or something, they tend to have a few hundred in reserves at most.
 
Eh, i've got rich taxes really high still (interventionism still and probably in the future too, just unified Italy and also in my first election campaign, voting rights by wealth), had them over 45% the whole time. But I do have one 76k capitalist POP in central Italy that just won't build anything. It's not that they don't have money, they have at least 60k in savings now (1846 I think). Luxury goods are at 100%, but everyday goods at 33%. I'm producing several of the everyday goods they're not getting, and was #1 prestige for a while (now #3) and they still weren't getting the goods.

If a capitalist has 60K in reserves and won't build, it's probably because you have an empty factory in the state. Capitalists won't build new factories if there exists empty factories in the state. And yes, you're right that capitalists can make money even though you have high taxes, it all depends on how much you earn from exports.
 
In that state, there probably is a 4/5 factory. But railways is what I was wanting more, I don't have any spare factory workers (duplicate factories after unifying Italy, eg. the AI had built 4 factories in Sardinia alone, 3 of which I also had at least one of elsewhere after the unification).

Do capitalists only build in their province/state or in the whole nation?

And to avoid having to bug people here constantly, is there a Capitalists - the megathread somewhere? I vaguely recall noticing something like that a couple of months ago when I started thinking about Victoria, and perused this forum a bit. But can't seem to find it at all now (and no search function doesn't help).

Now the problem is how do I balance my budget if I reduce rich taxes and/or tariffs, i've got plenty of 75-80k farmer pops I still need to upgrade to clerks and craftsmen, and capitalists certainly won't do that for me.
 
Do capitalists only build in their province/state or in the whole nation?

They only build factories in their own state, but railroads anywhere within the nation.
 
Tried dropping rich taxes and tariffs for a few weeks, nothing (and I had to cut education spending a LOT to do that). They still didn't buy anything from Liquor to the right. I realised this is probably because the world market doesn't have any of those goods. Does fulfilling everyday goods matter for capitalists building stuff?

81k pop with 85k savings in Perugia, other capitalists in Genova, Torino and Firenze with 2-6k savings, and nothing is being built. Like I said, I haven't been able to afford wild factory POP education yet, it's the railways i'd like.
 
Tried dropping rich taxes and tariffs for a few weeks, nothing (and I had to cut education spending a LOT to do that). They still didn't buy anything from Liquor to the right. I realised this is probably because the world market doesn't have any of those goods. Does fulfilling everyday goods matter for capitalists building stuff?

81k pop with 85k savings in Perugia, other capitalists in Genova, Torino and Firenze with 2-6k savings, and nothing is being built. Like I said, I haven't been able to afford wild factory POP education yet, it's the railways i'd like.

Whats your ruling party? I belive capitalists dont build anything under state capitalism
 
Interventionist. And the single glass factory in their state is now 5/5.

Both parties available for my liberal/conservative/anarcho-liberal constituency are interventionist (their only difference is residence/lim. cit. I think). Used to be liberal/reactionary/anarcho-liberal in the first polls though :p

I've had a couple of events that changed 50% of a province to dominant state capitalism or planned economy (my pick, went with state capitalism as lesser of 2 evils), but still. One of said provinces was Nice, which is in its own state with nothing but a few farmers.

It's getting annoying, what with France&Prussia with railways all over, the Perugia capitalists now have 100k savings, and i'd rather spend money on POP promotion and that machine parts factory I just became able to make.

Nobody is producing liquor, either furniture or clothes, paper, or fabric in large enough amounts to (well i'm selling 0.5 fabric a day) satisfy their needs (i'm #1 prestige again). It's the only reason I can think of.

edit: I'm playing vanilla 1.04, btw. I've also been reading Vickywiki a bit, and I get the impression from the capitalist guides there that if capitalists have the money (1k for railroads under interventionism), they should start building after a delay. The problem is usually them not accumulating savings. Or empty factories (counting closed/building ones, but not ones with even 1 POP working), but then they should still build railroads. Granted, I think it's only been 3 years or so since the Italian unification, but I got Perugia 8 years ago in the first war. Or are all those guides only for VIP:)R)? What's changed from vanilla vicky to them?

edit2: Eh, I think I may have found the wall I've been hitting my head against: the guides seem to imply (although they don't state it clearly) that capitalists only build stuff in Ricky or VIP:R (they only provide production bonus to factories in vanilla?). D'Oh! Up go the rich taxes! And maybe tariffs too... Need to at least stop them accumulating money, preferably get those thousands of pounds of savings actually doing something in my economy.
 
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Indeed. 1.04 capitalists do not build anything. The player has to build everything. It's also worth noting that changes to the game in 1.04 makes the RGO's more powerful than factories in the early game. Early game strategy is to build up the infrastructure and research techs that make RGO's more profitable to get the economic ball rolling.

You would really, really like the Revolutions expansion much better, unless you are one of those players who wants complete control over everything in your country. I've heard there are players like that.;)
 
No, i'm not one of them. I don't mind building stuff myself, it's not like i'm playing Russia or something...

The idea of someone else doing the job for me was just appealing. And the only reason I don't have Revolutions already was that Vicky 2 will be out soon (in terms of Paradox time), and money is always more or less tight for a student.
 
And the only reason I don't have Revolutions already was that Vicky 2 will be out soon (in terms of Paradox time), and money is always more or less tight for a student.

I understand.

I'm just cheap.:p