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by lmm
2596 days ago
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> Several countried with strong single-payer health care systems spring to mind. France and Germany and the UK are not generally regarded as having 100x the startups as the US. The consensus is that it's too hard to fire in those countries. (Look at the lawsuit that bankrupted Mandriva for an especially pointed example). I'm not aware of any country that combines socialized healthcare with US-style at-will employment, but perhaps that's the ideal combination - you can lose your job at any time, but losing your job does not mean losing access to medicine. > Self-funding and creative bootstrapping has not replaced VCs. It sort of has. VCs have shown very poor returns and a lot of companies have bypassed them. > Single-payer is a policy whose time has come in the US. But it might not be a silver bullet for conjuring startups ex nihilo. There's a noticeable spike in people starting businesses once they reach medicaid eligibility age (50 I think?) So while it won't fix everything it should make a significant difference. |
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I've heard the same. I know it's true that it's very hard to fire in many places. At the same time, it might be worth considering that this could be more silver bullet thinking.
It is perhaps more likely that instead of there being one thing holding back an endless wave of startups in each country, there is instead a series of interacting forces producing the same effect.