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It’s incredible how the US has lead the world in so many areas. What are some of the factors that other countries lack from a political standpoint where the US

It’s incredible how the US has lead the world in so many areas. What are some of the factors that other countries lack from a political standpoint where the US excels ?

eunos 3y ago
GDP and capital accumulation. For some reason China doesnt really prioritize their stock exchange.
credit_guy 3y ago
Well, maybe one reason is that the FTC doesn't do its job, and allows mergers that shouldn't be allowed.
082349872349872 3y ago
https://www.navy.mil https://www.navy.mil — those who rule the waves may also waive the rules. (also: not bombing yourself to rubble twice during the XX helped more than one country on this list)
capableweb 3y ago
- Excessive politcal lobbying and influence by private companies leads to unprecedented profits by said companies - Zero checks and balances against monopolies allows them to grow even larger without any stops in check - Both previous factors makes GDP skyrocket, while inequality grows bigger too Due to lack of political will / influence by pro-gun organizations, US proudly leads the world in the number of mass shootings too, so it's not just the best when it comes to MORE MONEY, but also more bullets :)
- DoreenMichele 3y ago
  D. Lack of a proper safety net means most Americans are desperate for money no matter how much they have. This helps fuel all of the aforementioned trends.
tigerlily 3y ago
Private property rights and an independent judiciary. Recourse, essentially.
boeingUH60 3y ago
America is the land of hustling and exploitation…it’s just the best place to grow a business. They suck up the talented entrepreneurs from all over the world because of this. This has many advantages but also disadvantages, such as individuals and businesses being sociopathic in the pursuit of profit.
- egeozcan 3y ago
  > individuals and businesses being sociopathic in the pursuit of profit I'm a Turkish immigrant who's been living in Germany since more than a third of my life. While more back in Istanbul, I see individuals and businesses behaving like this everywhere. I've only been once to the US (loved the NYC and Chicago - crazy), so my exposure is plainly touristic, is this really so bad there to make it a clear disadvantage? Can someone who has personal experience in both sides of the world care to make a best attempt for a neutral comparison?
gumby 3y ago
One factor is that articles in the US set the success metrics. If market cap and total GDP matter to you then sure, US is the scoreboard leader. If things like life expectancy, health, work life balance, et al matter to you: less so. Like others have commented I very much like the work environment in the US, and like my work. But for many, and probably most workers in the US life is very hard, especially when compared to wealthy countries.
- ChuckNorris89 3y ago
  >If things like life expectancy, health, work life balance, et al matter to you: less so. The thing is, you need money(a strong industry and a strong market economy) to afford to give your workers all these perks. If you just write them down as laws, many investors will simply avoid setting up shop in your country, meaning the workers in those countries might have good perks on paper but they'll have to settle with much lower wages because of the much fewer opportunities available to them.
kozikow 3y ago
My feeling being based in Europe: - European regulation would swiftly destroy any technical innovation coming out of Europe - There is certain benefit to companies being HQed in USA - legitimacy, American law being standard. E.g. Many European startups end up being officially HQed in USA, even if founders, majority of work is done in Europe - access to VC funding. - USA companies are "using" intellectual capital of EU - many companies on an upward trajectory got acquired by USA companies - e.g. Skype. In my city most engineers either work remotely for USA companies, or work in European office of an American company - Just European mentality - lower tolerance for potential failure, less "go for the moon" mentality, more "collectivism" experienced by higher taxes or super strict employment law in many places - There are "network" effects to doing most types of business. Notice that most companies outside of USA are either resources (e.g. Aramco), hardware (network effects in Asia), outsourcing (the whole point is being in cheaper place than USA, e.g. TCS), medical (not sure why so many are from non-USA), banks (those need to be everywhere).
- p1esk 3y ago
  About European mentality: I got an impression people in general work harder in US.
  - sofixa 3y ago
    Longer or harder? https://data.oecd.org/lprdty/gdp-per-hour-worked.htm https://data.oecd.org/lprdty/gdp-per-hour-worked.htm https://en.wikipedia.org/wiki/List_of_countries_by_labour_productivity https://en.wikipedia.org/wiki/List_of_countries_by_labour_pr... There's barely any productivity per hour worked difference between the US and most European countries.
    - p1esk 3y ago
      I'm not sure how to interpret the "GDP per working hour" metric. Are people in Ireland significantly more productive than people in other countries? Or how do we explain Ireland's significant lead on those charts? It sounds as vague or as useful as "the average temperature of all patients in a hospital". Also, the two links you provided show very different ranking of countries. At the same time, I don't know how to properly measure human productivity. I mean, how do you compare productivity of people working at OpenAI to productivity of people working at Walmart?

It’s incredible how the US has lead the world in so many areas. What are some of the factors that other countries lack from a political standpoint where the US excels ?

eunos 3y ago

GDP and capital accumulation. For some reason China doesnt really prioritize their stock exchange.

credit_guy 3y ago

Well, maybe one reason is that the FTC doesn't do its job, and allows mergers that shouldn't be allowed.

082349872349872 3y ago

https://www.navy.mil https://www.navy.mil — those who rule the waves may also waive the rules. (also: not bombing yourself to rubble twice during the XX helped more than one country on this list)

capableweb 3y ago

- Excessive politcal lobbying and influence by private companies leads to unprecedented profits by said companies - Zero checks and balances against monopolies allows them to grow even larger without any stops in check - Both previous factors makes GDP skyrocket, while inequality grows bigger too Due to lack of political will / influence by pro-gun organizations, US proudly leads the world in the number of mass shootings too, so it's not just the best when it comes to MORE MONEY, but also more bullets :)

DoreenMichele 3y ago
D. Lack of a proper safety net means most Americans are desperate for money no matter how much they have. This helps fuel all of the aforementioned trends.

tigerlily 3y ago

Private property rights and an independent judiciary. Recourse, essentially.

boeingUH60 3y ago

America is the land of hustling and exploitation…it’s just the best place to grow a business. They suck up the talented entrepreneurs from all over the world because of this. This has many advantages but also disadvantages, such as individuals and businesses being sociopathic in the pursuit of profit.

egeozcan 3y ago
> individuals and businesses being sociopathic in the pursuit of profit I'm a Turkish immigrant who's been living in Germany since more than a third of my life. While more back in Istanbul, I see individuals and businesses behaving like this everywhere. I've only been once to the US (loved the NYC and Chicago - crazy), so my exposure is plainly touristic, is this really so bad there to make it a clear disadvantage? Can someone who has personal experience in both sides of the world care to make a best attempt for a neutral comparison?

gumby 3y ago

One factor is that articles in the US set the success metrics. If market cap and total GDP matter to you then sure, US is the scoreboard leader. If things like life expectancy, health, work life balance, et al matter to you: less so. Like others have commented I very much like the work environment in the US, and like my work. But for many, and probably most workers in the US life is very hard, especially when compared to wealthy countries.

ChuckNorris89 3y ago
>If things like life expectancy, health, work life balance, et al matter to you: less so. The thing is, you need money(a strong industry and a strong market economy) to afford to give your workers all these perks. If you just write them down as laws, many investors will simply avoid setting up shop in your country, meaning the workers in those countries might have good perks on paper but they'll have to settle with much lower wages because of the much fewer opportunities available to them.

kozikow 3y ago

My feeling being based in Europe: - European regulation would swiftly destroy any technical innovation coming out of Europe - There is certain benefit to companies being HQed in USA - legitimacy, American law being standard. E.g. Many European startups end up being officially HQed in USA, even if founders, majority of work is done in Europe - access to VC funding. - USA companies are "using" intellectual capital of EU - many companies on an upward trajectory got acquired by USA companies - e.g. Skype. In my city most engineers either work remotely for USA companies, or work in European office of an American company - Just European mentality - lower tolerance for potential failure, less "go for the moon" mentality, more "collectivism" experienced by higher taxes or super strict employment law in many places - There are "network" effects to doing most types of business. Notice that most companies outside of USA are either resources (e.g. Aramco), hardware (network effects in Asia), outsourcing (the whole point is being in cheaper place than USA, e.g. TCS), medical (not sure why so many are from non-USA), banks (those need to be everywhere).

p1esk 3y ago
About European mentality: I got an impression people in general work harder in US.
- sofixa 3y ago
  Longer or harder? https://data.oecd.org/lprdty/gdp-per-hour-worked.htm https://data.oecd.org/lprdty/gdp-per-hour-worked.htm https://en.wikipedia.org/wiki/List_of_countries_by_labour_productivity https://en.wikipedia.org/wiki/List_of_countries_by_labour_pr... There's barely any productivity per hour worked difference between the US and most European countries.
  - p1esk 3y ago
    I'm not sure how to interpret the "GDP per working hour" metric. Are people in Ireland significantly more productive than people in other countries? Or how do we explain Ireland's significant lead on those charts? It sounds as vague or as useful as "the average temperature of all patients in a hospital". Also, the two links you provided show very different ranking of countries. At the same time, I don't know how to properly measure human productivity. I mean, how do you compare productivity of people working at OpenAI to productivity of people working at Walmart?