Thus, in the 1970s, when faced with the choice between meeting the demands from below for the fulfillment of the hegemonic promises or the demands fr om capitalists for a restoration of favorable conditions for capi­tal accumulation, metropolitan states attempted not to choose. In response, capital went "on strike." An increasingly mobile capital "voted with its feet, " not only by intensifying and deepening the geographical relocation of pro­ductive capital to lower-wage areas but also by accumulating capital in liquid form in proliferating offshore tax havens. And to the extent that industrial production still took place in the core, technological fixes and a grow­ing reliance on immigrant labor became increasingly important capitalist strategies.