The US is wealthier, has more billionaires and has fewer of these barriers for small entrepreneurs. So no, this is not the monocausal explanation that applies equally everywhere.

(YES, the US has regulatory capture, YES the wealthy attempt to use it, YES we should try to eliminate it here too, but it remains true that it is easier to run a small business in the US, while having more billionaires. There are other explanations to the differential here).

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21asdffdsa12 an hour ago | parent | next [-]

Agreed, europe has a culture of "stability" first. The fear of disruption and chaos is larger after two WW and it outsourced the risks of disruption to the US. Basically, use the us as a test-mouse for new ideas and innovations, then when proven safe introduce them and ride those coat-tails to infinity.

	▲	petcat an hour ago \| parent \| next [-]
		> use the us as a test-mouse for new ideas and innovations, then when proven safe introduce them and ride those coat-tails to infinity What actually happened, and continues to happen, is that Europe and the EU became entirely dependent on US tech and other foreign industry. It wasn't just a matter of "see what works and then copy it domestically". It oursourced basically everything.
	▲	watwut an hour ago \| parent \| prev [-]
		Is fetishizing disruption good for USA? It did helped to create a billionaire oligarch class, but that class is literally intentionally destroying it. I mean, it may end up destroying Europe and the rest of the world too, but the US democracy seem to be their first target.

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an hour ago | parent | prev [-]

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