Re:USAID's chief economist has resigned. Here's why
by _DeadFred_ on Thursday February 27, 2025 @06:09PM
(#43199604)
US exceptionalism is mainly driven by the American government.
It provides the stability/consistent and predictable rule of law under which businesses can be invested in, and that allows for a robust business investment environment. These laws include things like not holding founders accountable for a return on investment (China is currently imprisoning founders and requires a return on investment).
It provides the research that resulted in things like the internet, or for companies such as Google:
https://www.nsf.gov/news/origins-google
The research that led to microprocessors and semiconductors.
The research now used by ASML.
SpaceX & Blue Origin are build on prior NASA funded research.
It provides the social systems that allows the companies to exist (law enforcement, contract law, educated employees). It provides the defence of the world's shipping lanes. It provides the legal protections overseas.
It provides the stability/consistent and predictable rule of law under which businesses can be invested in, and that allows for a robust business investment environment. These laws include things like not holding founders accountable for a return on investment (China is currently imprisoning founders and requires a return on investment).
It provides the research that resulted in things like the internet, or for companies such as Google: https://www.nsf.gov/news/origins-google The research that led to microprocessors and semiconductors. The research now used by ASML. SpaceX & Blue Origin are build on prior NASA funded research.
It provides the social systems that allows the companies to exist (law enforcement, contract law, educated employees). It provides the defence of the world's shipping lanes. It provides the legal protections overseas.