There's an excellent example in this very thread on how politics (i.e. democracy) can trump capital.More on this:
Read here:
https://news.ycombinator.com/item?id=26034131
https://translate.google.com/translate?hl=&sl=no&tl=en&u=htt...
https://translate.google.com/translate?hl=&sl=no&tl=en&u=htt...