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by AsyncAwait
2108 days ago
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> Maybe part of the problem is that due to so many regulations, there's not a healthy startup ecosystem Reaganomics talking point since the 80s, yet the U.S. constantly relaxes regulations, recently it released even more environmental ones and it looks in parts like Mars. But of course, cut regulations, cut corporate taxes, cut benefits, cut, cut, cut. There's never a failure model for such capitalism apparently. 2008 even was blamed on regulation, rather than lack of thereof. Am quite frankly done with this line of argument. |
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I say this because I think Europe with a set of consistent regulations and ways of establishing business would serve as a good counterweight to the freewheeling, "anything goes" nature of US capitalism. But I think the fragmentation is its Achilles Heel.
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[1] https://www.doingbusiness.org/en/rankings?region=oecd-high-i...