Capitalism is an invention, a system designed by men and used and legitimized by legislation because it was thought to fulfill certain, specific goals. The position of this website is that capitalism has failed to fulfill its mandate and therefore no longer to be considered a legitimate agent for conducting human affairs.
Waiting for someone with the requisite capital to create jobs in a depressed area contributes to an areas problems. Capitalism works on two main factors specialization and scales of magnitude. A capitalist divides work into descrete components to reduce skill levels. But in so doing wage rates are depressed accordingly. A person who knows how to do only 1/100th of the steps it takes to produce a product is not as skilled as a person who is able to produce the entire product by themselves.
Splitting a task up into component parts may not even be as efficient as allowing one person to do the entire job. The line can only go as fast as the slowest worker and time is consumed in stoping one task and beginning the next. However the decline in efficiency is usually made up in the ability of the firm to reduce wages and replace workers without undergoing a steep learning curve.
Scales of magnitude means that the higher the numbers produced the more a process can be broken into its component parts but it also means factories get bigger and more likely to locate near large centers of population. Smaller communities become less desirable as locations to set up a modern business that needs to compete with international firms.