Re:How ‘big law’ makes big money
by jakeinspace on Wednesday February 05, 2020 @03:20PM
(#22250603)
It doesn't make any sense to compare the GDP of a city to that of a country, especially a largely rural country. LA's GDP benefits from many large corporations which choose to headquarter there, not to mention one of the largest ports in the world. Why not compare to a US state with similar population, like Georgia, which has a GDP somewhere around 80% of Sweden's.
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Re:How ‘big law’ makes big money
by hilbertseries on Wednesday February 05, 2020 @03:35PM
(#22250718)
The US has a higher gdp per capita than Sweden anyway.
And it is a much worse place to live.
Re:How ‘big law’ makes big money
by gamblor956 on Wednesday February 05, 2020 @04:29PM
(#22251171)
You mean like IKEA, Volvo, Ericsson, H&M, Electrolux, or Spotify?
LA has a comparable population to Sweden, which is why I chose it for a reference point. Georgia also has a comparable population, but I was comparing cities to Sweden, not states.
The difference is that those Swedish companies could be said to be a result of Swedish policies and cultures, while companies headquartered in LA could just as easily be headquartered anywhere else in California with zero changes to anything, and anywhere else in the US with very, very few changes to anything.
Yes, you compared a city to Sweden, but Sweden is not a city. Sweden is more akin to a state, so it seems more appropriate to compare it to a state. That was the point.