Re:Europe is now a corporate also-ran. Can it recover its fo...
by oytis on Saturday June 12, 2021 @03:05PM
(#27486726)
> Why not, if it works?
Because it might be irrelevant? Yes, US and EU have historically different social policies, but it might not necessarily be the reason for difference in economic performance.
For me it's not "high tech companies vs working class", rather "high tech companies vs inefficient and intrusive government and old money". The obvious difference between FAANG on one side and BMW Daimler, etc. on the other side is the time when these companies have been founded.
Because it might be irrelevant? Yes, US and EU have historically different social policies, but it might not necessarily be the reason for difference in economic performance.
For me it's not "high tech companies vs working class", rather "high tech companies vs inefficient and intrusive government and old money". The obvious difference between FAANG on one side and BMW Daimler, etc. on the other side is the time when these companies have been founded.