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It probably has to do more with being open to immigration and innovation than being ruthlessly capitalistic that the US has been able to maintain its competitiv
by hoggle 12y ago
It probably has to do more with being open to immigration and innovation than being ruthlessly capitalistic that the US has been able to maintain its competitive edge.
Immigrating to the US has become harder over the years and "regulators" are against potentially disruptive technologies like Bitcoin while countries like Denmark are trying to embrace those kinds of technologies.
It remains to be seen if the USA can maintain its position going forward. In any case it's tough times ahead for many highly privileged economies. I'm from Austria and the disconnect between what used to be and the current realities is often huge. I guess the most important thing is to not get blinded by your own success, then you survive and possibly even thrive.
http://www.reddit.com/r/Bitcoin/comments/23og0b/danish_political_party_liberal_alliance_will_be/ http://www.reddit.com/r/Bitcoin/comments/23og0b/danish_polit...
- cwaniak2 12y agoYeah, and why people immigrate to US? I know at least couple French fashion designers who couldn't even start a shop in Paris as they would have to pay Eur15K to the Government just to get licensed. Isn't that an awesome example from real life of why socialism is killing innovation in France?