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Then again, maybe the lack of insane regulations on labor (amongst other things) is why the US has managed to produce new, highly-valuable companies at a much h
by jamiequint 6y ago
Then again, maybe the lack of insane regulations on labor (amongst other things) is why the US has managed to produce new, highly-valuable companies at a much higher clip than Europe has, and is also the reason why software engineers in Europe get paid far less than their counterparts in America.
- ThePadawan 6y agoIgnoring the bias in your chosen language, I do somewhat agree with your point. I would also say that "highly-valuable" is not what a country should strive for its companies to be. I would argue that the good of its citizens should be - and rather than $10b of company valuation, the citizens would profit more from that $10b going into labor regulations and social security.