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by WildUtah
3935 days ago
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"Tech entrepreneurship works in the US and fails in other states because we're in this sweet spot of low taxes and low corruption, with high levels of education and easy access to a large and powerful economy." Corruption in the USA is typical for west Europe or NE Asia and taxes plus health care costs are slightly higher in the USA. Education levels are the same or lower than typical in Europe and NE Asia. None of that is essential in creating whatever advantage the USA has in tech entrepreneurship. Labor 'protections' can strangle startups and a large economy with unified rules, unified payment systems, a common language, and unified distribution does help. But something about Silicon Valley in particular seems to be at the root of the difference. |
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