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> The EU single market is largely a myth from the perspective of wanting to start a successful company that can compete internationally. It's not any easier now
by Slartie 2y ago
> The EU single market is largely a myth from the perspective of wanting to start a successful company that can compete internationally. It's not any easier now than it was before the EU existed.
That's not exactly true. The single market has been a great thing for companies producing physical products. That's also what was in mind of the people who designed the single market. They wanted to unify standards for physical stuff. Because back then, there were no digital services to speak of. "Analog" services were naturally limited in their scaling capability so they weren't in focus, but mankind had back then just learned to scale up physical production, and the single market for physical goods has largely worked out great to shape global standards and stay competitive in the area of anything that's traded and touchable.
What's been created is a bad fit for digital products and services, unfortunately. The legal frameworks covering purely digital services are far less unified than the standards for physical goods. And digital services are way more reliant on localization than physical stuff is. No amount of EU single market legislation will ever be able to eliminate the language barriers, much less other cultural barriers that are often hindering digital services successful in one EU country from being adopted in neighboring EU countries.
Therefore, for those digital services that benefit greatly from network effects, it'll be hard for European variants to ever beat their US counterparts on the domestic turfs, and virtually impossible on the global market. However, not all digital services are dependent on network effects, so there are good reasons to continue trying to make the EU single market more applicable to digital services and to foster domestic offerings whereever possible, even if that strategy will probably never lead to the next Facebook or Instagram or Amazon to be built by a EU company.
- anovikov 2y agoSimple way to eliminate language barriers is to introduce English as main language of schooling, thus making all next generation bilingual. It's done by middle and upper classes anyway so idk why commoners are intentionally left in the dust by the System. Let's face it: our culture (all across the EU), is American, anyway. It's stupid to pretend otherwise.
- KK7NIL 2y ago> idk why commoners are intentionally left in the dust by the System. There's extreme wealth inequalities between EU countries (we're talking about one order of magnitude in the extreme cases), language barriers are the main things holding back the demographic crisis that would come from mass economic immigration within the EU. > Let's face it: our culture (all across the EU), is American, anyway. It's stupid to pretend otherwise. EU is a big place (and so is the US). Perhaps you've mainly visited major urban centers of both and so don't see the rather unique cultures both hold.
- valval 2y ago[flagged]
- pfdietz 2y agoPart of their identity is shockingly low TFR (Total Fertility Rate). In Japan, it's 1.26 live births/woman. In Singapore, it's an astounding 1.04. Both are worse than Europe (1.46) and the US (1.66).
- valval 2y agoThat’s super unfortunate and I’m well aware, but it’s a separate issue.
- pfdietz 2y agoI don't see how it can be separated from the culture as a whole. After all, what causes such differences, if not differences in cultures?
- valval 2y agoSince this inverse correlation with birth rates and GDP is observed everywhere in the world, I'm certain we're not speaking of a cultural issue.
- blibble 2y agothe fact there is no EU single market for services is why I was not concerned on a long term basis for the UK economy as a result of leaving the EU the UK is a service based economy, all growth from the next century is going to come from services, not by increasing cheese exports or trying to compete with the Chinese on battery production almost all UK startups branch out to the US before they try the continent no single market legislation is ever going to change this
- Cumpiler69 2y ago>all growth from the next century is going to come from services Why do I feel like many workers in the service industries are gonna be unemployed or working for pennies in the future following this hype leading to labor oversupply of service workers, while the likes of tradesmen will be making more money? There was even a south park episode about this. The UK is already heavily fractured between the rich service based City of London and the rest of the country being relatively poor by comparison, especially the areas that suffered industrialization and haven't recovered and need constant subsidies from London. Min-maxing a society like that doesn't usually end well but usually in some dystopian way, like rich workers needing to driver everywhere to avoid the masses of unemployed homeless people on drugs roaming the streets. Not everyone can be a hot-shot banker or AI engineer, we should have career paths that can fit every level of skill and intelligence.
- klohto 2y agoRead up https://www.eu-inc.org https://www.eu-inc.org