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posted by martyb on Sunday June 21 2015, @10:42AM   Printer-friendly
from the on-the-other-side-of-the-mountain dept.

The New York Times has a story that delves into a conundrum faced by Europeans: Why are there few, if any, technology companies from Europe with the size and reach of American tech giants like Google, Amazon, and Apple?

The article hypothesizes that, even though employment regulations and other business and legal factors play a role, it's actually deeply-embedded cultural differences that are the primary cause, citing less aversion to risk-taking, less stigma from business failures such as bankruptcies, little or no stigma from leaving and rejoining a company which is seen as disloyal in European cultures, more acceptance of disruptive innovation, and a less rigid educational system that allows individuals to find their own form of success.

(Considering the many indications that US schools now train for tests, not knowledge, perhaps alternatives to school are more attractive.)


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  • (Score: 2) by isostatic on Sunday June 21 2015, @09:13PM

    by isostatic (365) on Sunday June 21 2015, @09:13PM (#199204) Journal

    While you and I, and many students, and most of our peers that we talk to feel that way, we're not the only ones that have been brought up in the last 20 years. It's not just old people that voted for UKIP, or for the Wilders and Le Pens of the world. Danish People’s Party have just done very well in Denmark, Golden Dawn, the NDP, and Jobbik are all attracting a disenfranchised youth.

    Youth unemployment is terrible, house prices put the dream of owning a cardboard box out of reach for practically everyone, there will be no state pension, public services are being cut left right and centre, and there is little to look forward to for many people other than reality TV on a saturday night and perhaps a week in Shagalouf.

    Immigrants are easy to blame, stirred up by hate rags like the daily mail who pander to the xenophobic "don't forget the war" bunch of pensioners.

    There won't be a europe-wide country-level war, but unless there's major change there will be europe-wide fighting. While the poor overthrowing the rich may keep diamond merchants awake at night, they'll easily flee to the Cayman islands.

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