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by ad_hominem
4240 days ago
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If we're going to turn this into yet another United States - Europe comparison, you could also compare the flip side of the equation: high barriers to entry in starting a business in Japan being similar to Europe. In some ways Japan seems to have the worst of both worlds - regular jobs are low pay with deathmarch hours, yet it's seemingly impossible to escape by striking out on your own. |
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AFAIK most countries in EU have higher unemployment benefits and other social protections than US (many ppl live on benefits while starting a business). People who say leave a mega corp to do a starup still have health insurance. Registering a company take a few hours. Most countries have all kinds of tax subsidies for the founders, investors and employees of new businesses.