logoalt Hacker News

zemvpferreiratoday at 7:22 AM5 repliesview on HN

European who has travelled/lived extensively in China and the US. I don't believe our problem is idleness. It's instead a pernicious belief in peace. There's no sense of geopolitical competition in society at large. We generate a lot of wealth in those 36 hours, but an immense amount of it is syphoned into areas that don't help us get ahead. We are too invested in tides that lift all boats. Being well-rested is not the issue.

Edit: I’ve recently started spending a lot of time in Switzerland and the contrast in mindset (and wealth) with the EU is staggering. There is a healthy amount of communal paranoia. They don’t work any harder either, if anything it’s the contrary.


Replies

embedding-shapetoday at 12:28 PM

> We are too invested in tides that lift all boats.

Why is that a problem? Yes, it means less "amazing individuals who own N% of the economy", but it also means that none of my neighbors are starving or can't afford healthcare, definitively a tradeoff I (and most people I'm proud to call friends) are willing to make, even if it makes our own lives a small percentage less comfortable.

I'd say that why I personally prefer the (European) country over other places I've lived in the world, or could live. I don't want to live in a place where people don't help lifting all the boats, but instead are just interested in lifting their own boat, or want to lift a small amount of boats.

graemeptoday at 8:10 AM

Its complacency, at least in Western Europe. Centuries of being the world's leading powers have left an underlying sense of being at the top is just normal and is a position that does not need work to maintain.

Even those who might accept this is no longer true intellectually find it hard to internalise.

show 3 replies
HPsquaredtoday at 7:52 AM

I'm reminded of the somewhat derogatory term "carebear" from the EVE Online community, for players who focus on PvE and profit, while avoiding PvP.

joe_mambatoday at 7:44 AM

>I don't believe our problem is idleness. It's instead a pernicious belief in peace. There's no sense of geopolitical competition in society at large.

I disagree entirely. It's because most EU workers(at least in the richer most developed countries) don't get a proportional slice of the fruits of their labor, but only breadcrumbs after taxes. Working harder as an EU employee just means your boss/company gets to be richer and your government gets more of your taxes, while you get nothing more in return, just taking home a few extra bucks at the end of the month, making the juice not worth the squeeze, causing everyone to optimize for doing the bare minimum because why bother.

Especially when the big city CoL rises higher than your salary anyway, what's the point of working harder? You'll be more tired now and still won't be able to buy a nice house, ending up on the same standard of living and housing affordability as someone who optimized his life around extracting the most amount of welfare and benefits from the government while dodging work. So then why wouldn't you do the same?

Same story around entrepreneurship and VC funding or lack thereof. The taxes, risk and responsibilities of being a business owner with employees on your payroll are far higher that in other places on the planet like the US, making it a better deal to just not bother with all that and choose the cushy life of an employee in a old dinosaur company in an ageing and declining industry, rather than the stress of being the employer/innovator.

Geopolitical competition will not fix this because the monetary incentive structure around hard work still remains messed up. You can fix this by changing the tax laws to reward those working harder instead of punishing them with higher taxes and no gains to pay for the lifestyles of those who contribute the least in society.

Simply look at what Poland or Czechia did to become economic powerhouses in a short amount of time, and just do stuff like that. And you'll find out they didn't start off by giving their workers Scandinavian style of income taxes, welfare and benefits, that I can tell you, but more like cutthroat capitalism and the harder you work the more you can earn tax structures.

show 3 replies
paganeltoday at 8:26 AM

> We generate a lot of wealth in those 36 hours,

You don't, (Western) Europe is just a rentier-place at this point, living on other people's backs. For example look at Maersk, from the much-beloved and relaxed Denmark, their business would crumble over night if it weren't for the Americans keeping the seas open for them.

show 3 replies