[brewdad]

EU has pensions. US has 401k plans. There may be more millionaires in the US but that, in and of itself, doesn't prove anyone is better off there.

[jandrewrogers]

The US has a pension, it is called Social Security, and it is relatively generous among developed countries. 401k is in addition to, not a replacement for.

[marcinzm]

I never said people were better off in one or the other nor is this a discussion about that. This is a discussion of the societal differences driving startups and risky investments.