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by _0qft 2132 days ago
You're right, but one part of this is the cost of wealth redistribution. There is less social inequality in france than in the US. Healthcare and welfare are comfortable here. You have less problems of social inequality in general.

In france, another problem is that some medium/higher social classes tend to capture publicly paid jobs. That's another problem too that needs to be tackled.

In my view, it's a choice of how a country decides to allocate its resources: not letting people live in awful conditions and work 3 jobs, or having trillion dollar companies make money on the technology developed on the back of DARPA something like 50 years ago.

It's easy to criticize an entire country for its "policy on tech", but it's important to not forget about tax optimization, which is another part of the problem. France does have a lot of good scientists too, build aircraft and is a nuclear power. I'm sorry to say that generally, the silicon valley VC aura is VERY OFTEN filled with libertarians who have zero clues about how poor people are "managed", and the reality of social inequality. It's a entirely different culture. France saw a socialist president in the 70s through the 80s, who had tough words against capitalism. You cannot dismiss political history.

Just my 50 cents, I really wanted to bring some nuance. All countries have their own political problems.

And to be clear: I'm poor and live in a 18 square meters, and would love to be silicon valley rich and make 80k per year. But I would also take resources from other people who don't have the education I have.