this post was submitted on 15 Oct 2024
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Print more money and tell everyone that the inflation is transitory, this will shock the economy to help jumpstart your new poor. Companies will lay off underperforming workers and the restriction of capital will limit new company initiatives so they won't get rehired. Limit the supply of housing everywhere except very high density near your desired factory sites and provide generous subsidies to builders. This will keep your voting body relatively stable so you can get re-elected but create a new serving underclass. Hope this helps.
You don't actually have to do the housing bit either, just grant licenses to subdivide existing houses near the factories