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by fvdessen
785 days ago
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The lack of top economic opportunities/companies is not strictly a EU problem, it's a everyone except China/US problem. Japanese workers were earning 2x as much as American ones in 1990. Now they're earning less than half. I think this comes down to USA/China being big countries with a huge and homogenous consumer and stock market. This allows to scale fast to a point where you can simply crush the competition. The other small countries are all protecting whatever they already have to not be completely crushed, which makes it even harder for them to scale. For example I am working for a successful startup in Belgium. We have a hard time entering our neighbour's market because of existing players, protectionist policies and just how different things are there, and so is it for them. Maybe with a huge capital we could make it happen, but in the end everybody knows we'll all get crushed by an American company, so nobody really wants to invest. This could be solved with more EU integration, and with less economical protectionism at the national level so that national champions can leave place to bigger European ones. But everyone is blaming EU regulation for this situation and we're moving in the exact opposite direction. |
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Absolutely no chance, especially on how right wing and nationalistic the EU elections are swinging lately. We'll just see more national protectionism. That's the problem with the EU. It's not one country where all the resources are pooled, like the US or China, but an alliance of several fiefdoms where each of them wants to be king and won't hesitate to backstab the rest (see abusing veto rights) to gain a perceived advantage with populists back home at the expense of everyone else's monetary disadvantage. The constant political squabbling between members is bittern than tooling up and going to war like in the old days, but it's holding us back compared to US and China.
>For example I am working for a successful startup in Belgium.
Would you recommend moving to Belgium for a career in SW development as a non Speaker of Dutch or French? I'm not looking for a fancy big-tech career or to change the world or make insane wealth but just to work in a leisurely environment with no stress and enjoy life.