WHY THE U.S. CANNOT BE SCANDINAVIA –“… it would require that the American mid

WHY THE U.S. CANNOT BE SCANDINAVIA

–“… it would require that the American middle classes accept a MASSIVE downward mobility hit, which is completely out of the question given the anomic (norm-less) and polarized state of American society and politics.”–
@obsessivehermit

Europeans are almost universally poorer in terms of disposable income than the americans. You can however leave europe and come to american and generate wealth.

Which is what happens. Most european VC’s will simply as how long before you can move to the States.

The USA was built for the middle and upper classes by rejecting the aristocratic and clerical classes as parasites. Europe, because of their heritage under the aristocracy and the church is built largely for the working classes at the expense of the middle and upper middle (and lower-upper) classes.

There is value in both systems, especially if we migrate to those countries that suit our class interests. Europe is doing this under the EU, hence the collapse of industry and increase in debt in France, and the expansion of industry in poland, and the exit of educated talent from poland to germany etc.

The USA has a similar process but it is from one state’s growth-city until it’s near bankruptcy to another state’s growth city repeating the process eternally. California was a flight destination, and now people are leaving california for texas as a flight destination. Of course these people will destroy texas as they have california until collapse (bankruptcy) causes them to reform. Even then people change only with gravestones so it takes a generation or three. Connecticut is dead for all intents and purposes because it’s the state that most copied the soviets. As such state employees have all the benefits and everyone who can escape the nihilism does. Massachusetts lost the tech sector to california but because it has the top universities, it had finance and medicine and other specializations to build upon, while drawing talent from around the world and the country.

Cheers
CD