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by baxtr 74 days ago
My biggest issue with Europe is not that we work less. I lived in the US for a while, and I can confirm they stay longer in the office but get the same amount done.

My biggest issue is that we have focused for too long on managing (regulating) and redistributing wealth instead of creating new sources of wealth.

We are obsessed with slicing and controlling the pie instead of creating new ones for everybody.

That mindset might cost us the future of our children.

1 comments

Is there a point where enough (per capita) wealth has been created? Where there is enough pie to go around for everyone, and we have no need to create more pies?

I am sure we can all argue about where that point is, but I wonder if we agree that there is such a point? Or do we have to keep increasing our wealth forever?

The issue is that the world is changing and we have no means to stop that. If you don't create new pies, people come and eat your existing pies...

Look at the auto industry for example.

If Chinese decide to invest into EVs etc. we can't stand on the side lines and so, no we want the world / our wealth to stay like it is.

But that's how we operate. We operate as if we have decided it's enough, now everybody please stop.