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Have you noticed how nearly all great companies are now being started in America. Wonder why?
by CptJamesCook 10y ago
Have you noticed how nearly all great companies are now being started in America. Wonder why?
- madeofpalk 10y agoYou think it's because of "at will" employment?
- stale2002 10y agoAt will employment is a symptom, not a cause. The reason why is be because starting a company in America is generally a good idea
- ythn 10y agoNo, it's because the companies aren't encumbered with a million layers of bureaucracy and regulation ensuring every single employee has every single possible safety net in the world preventing every single type of failure known.
- inflagranti 10y agoSure that must be the only reason, no-one would think of ever creating a company in socialist Europe. Having access to a huge, uniform market must not factor into this at all. Or any 100 other good reasons you're ignoring from a complex spectrum; no it must be the one and only one that fits your narrative.
- adevine 10y agoYes, that's part of it. It's a bit of a double-edged sword, but when it's easy to fire people, it also makes it a lot easier to hire them, because there is less of a risk when you make a mistake or need to change direction of your business. While it's an upheaval to be sure, the vast majority of these laid-off employees have in-demand skills in a growing industry. Who I really feel for is people who get laid off in shrinking industries, where it's basically a game of musical chairs and there are fewer seats each round.
- CptJamesCook 10y agoI think it's because of our capitalist economy, a significant portion of which is the ability to hire and fire employees based on performance.
- jensvdh 10y agoYou think its gonna stay that way after having voted a protectionist in office?
- CptJamesCook 10y agoI think that Trump is going to be outstanding for American businesses. But we will see.
- lukealization 10y agoMany great companies are started overseas. Many great companies are also started in America. To suggest there is a correlation between startup success rate and at will employment would require, by golly, empirical data. Do you have any on hand?
- CptJamesCook 10y agohttps://en.wikipedia.org/wiki/List_of_largest_companies_by_revenue https://en.wikipedia.org/wiki/List_of_largest_companies_by_r... Leaving off energy companies, 9 out of the top 16 companies are American. 4.5% of the world's population, ~55% of the world's great companies. I'm sure at will employment alone wouldn't crush the American economy. But it'd be a hit to it.