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Canada's economy is pretend, driven by government spending instead of any real industry. Anything that grows remotely big enough to threaten our various oligopo
by version_five 3y ago
Canada's economy is pretend, driven by government spending instead of any real industry. Anything that grows remotely big enough to threaten our various oligopolies will get bought or regulated out of business anyway. If you look at our startup investments, it's all pretend, with most being led by BDC or CDPQ which are government agencies. It's just some bureaucrats playing a game to give money to some favored elites and rent seekers, not a serious economy.
From what I know shopify appears to be the exception to the rule and has grown to have a real international company in spite of being Canadian. So I belive Lütke is a credible voice in criticizing Canada's business culture.
- AHOHA 3y agoSpot on! I did some work in R&D sector in Canada, like IRAP, OVEN, and even the military one, I would say it’s all theatre and barely pretend a PoC.