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by seibelj
1555 days ago
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I’ve met quite a few executives at US companies who emigrated from Europe. At the high end, America kicks the shit out of Europe in every regard. The high end people create the new companies, and thus America has far more equity value than Europe, and new innovative companies, and cutting edge research, etc. etc. Europe might be better for the average person but the hyper successful generally opt to leave. |
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In a society of 350 millions people that is vaguely capitalistic, there will always be people who "win big". The "high end" people are just the living manifestation of serendipidity. If it wasn't Bezos, it would have been someone else.
Also, "the high-end people create the new companies" is almost complete BS. The mythology of the exceptional individual that dominates the USA promotes this story, but the reality is that successful companies are the result of the collaborative, cooperative efforts of many different people (many of them not "high-end"). A company like Amazon was created by a constellation of people with very different backgrounds, socio-economic status and intent.