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shimman 4 hours ago

Yes, let's ignore regulations that provide people with stable jobs, societies, and countries. Afterall what good is democracy when the alternative is making more money?

valkmit 3 hours ago | parent | next [-]

A lot of these are mostly well-meaning but have backfired. The only way an international business is going to consider investing in French workers, for example, is with relatively low salaries to offset the inability to fire them.

It's counterintuitive but if you allow "failing fast", you lower risk of new engagements, and this allows for more speculative bets on ideas and people.

Make it difficult to evict tenants? Expect more stringent requirements from landlords

Enact rent control? Initial rents are going up, new builds are are disincentivized.

Strong worker protection? Expect fewer highly paid roles (wage compression)

I'm not saying these regulations are unilaterally bad - I'm saying don't be surprised that there are 2nd-order effects that are arguably just as bad, if not worse.

weakened_malloc 2 hours ago | parent [-]

This is something you talk to people about that are in the western world but outside of the US (which includes me) but whenever I have the conversation people just can't grasp it.

The US, by having bad worker protections and privacy abusing tech companies, etc. have been able to pave the way for extreme amounts of innovation that just wouldn't happen anywhere else. The rest of the world then effectively has innovation subsidized since they import the finished product.

fakedang an hour ago | parent [-]

I also found most US startup opportunities to be practically enabled by shitty service provided by the incumbents, whether it is the state or the banks or the healthcare system.

Take Cost Plus Drugs, for instance. Or companies enabling faster cash transfers over the internet, like Paypal. Or healthcare insurance plans from Oscar Health or prescriptions from Truepill. Or videos made by Khan Academy, which are currently in use in many schools across the US.

kriops 2 hours ago | parent | prev | next [-]

You can not regulate either of the above into existence. What good are rhetorical questions when they are nonsensical?

tjwebbnorfolk an hour ago | parent | prev | next [-]

No one is saying "ignore regulations". The US has regulations also. Every country does.

The EU has taken it to another level.

enejej 4 hours ago | parent | prev [-]

People like you only realise how life actually works too late in life.