True. However, how much of a good idea is that, especially if your country is all conservative (as most are at the beginning of the game)? Basically, you'd have to wait for a revolution or change in political alignment to do so, yes? I could be wrong, as you know better than I.
**WARNING** BASED ON LATE BETA, SO MAY NOT BE STILL THE CASE
However, my bigger concern about production is the quality of the automated factories the capitalists build. Example time: in my game playing powerhouse Sardinia-Piedmont, I was allowed to construct one factory while the capitalists built four (Interventionism economic policy by the ruling conservative party). Here are the current daily incomes of the factories: +3.34, -9.07, -0.33, +0.70, 0.00. Guess which one I built. The factories from the capitalists don't take advantage of the goods produced in you country, so you have to import all of the goods for them. Now, this may be fixed in the release version, so I shall wait for the gold version of the game for further review. I think beginning players will have a tough initial go of it with not much to do if they don't pick an "active" country (the USA with all the Civil War events, or one with lots of rebels like Spain) from the start. Giving players the freedom to choose any country in the world comes with the requirement that some (at least the top 16) must be interesting to play.
This will be the last post by me until I can play the RTM/gold version of the game, so not to fuel the fire of speculation further.