[patrec]

And of course the reason that there is a lot VC capital in Europe has absolutely nothing to do with the fact that you'd be crazy to do a startup in e.g. Denmark (because doing so will likely be personally ruinous even in the unlikely case that you get some traction, due to unrealized gains tax) or to directly invest in one in e.g. Germany (where you'd be expected to physically sit through, on location, a few hours of a notary reading stuff out to you)? Do you actually have any idea how much additional legal risks, costs and time wasting bureaucracy are associated with even just forming a company in a typical EU country?

Miami, and Florida in general, have basically zero universities anyone has ever heard off, and still boast a higher number of unicorns per capita than Germany, despite the latter having at least one world-class technical university.

[expedition32]

Europeans are aware of this but they do not want to engage in a race to the bottom. Socialism was a conscious political decision in response to the oligarchy.

It is incomprehensible to Americans but not everyone wants to be like them. It would actually be a capitulation.

[patrec]

The policies I mentioned (just as nepo-baby Mamdani's programs to abolish programs for gifted children) have, of course, precisely and deliberately the effect of cementing an existing parasitic elite and screwing over talented and hardworking people from a non-privileged background.

Which part of this do you fail to understand? Who do you think will be more inconvenienced by the removal of gifted programs, some intellectual mediocrity who goes to a $70'000/year private school anyway, or a smart child from a family with a yearly total income that's a fraction of that schooling cost? Who do you think is going to be more likely to find themselves financially ruined by being hit with enormous taxes on illiquid assets (such as equity in a pre-IPO startup they founded or where an early employee in) -- someone entirely self-made or your "oligarch"?