“Capital is a coward. It flees from corruption and bad policies, conflict and unpredictability.”

—  Colin Powell

As quoted by Ambassador Cameron R. Hume in a speech on U.S. Government Initiatives in South Africa http://pretoria.usembassy.gov/wwwhambhume020918.html at the American Chamber of Commerce, Johannesburg, South Africa (18 September 2002).
2000s
Context: Capital is a coward. It flees from corruption and bad policies, conflict and unpredictability. It shuns ignorance, disease and illiteracy. Capital goes where it is welcomed and where investors can be confident of a return on the resources they have put at risk. It goes to countries where women can work, children can read, and entrepreneurs can dream.

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Colin Powell 63
Former U.S. Secretary of State and retired four-star general 1937

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