Earlier quoted context omitted.
All German car manufacturers are heavily unionized. VW has one of the strongest unions in Germany and is one of the largest car manufacturers in the world.
That's fine for companies in industries that are reasonably mature. But if you want to start a new company in a dynamic industry, Germany is very much not where you want to be. German GDP per capita is about 45k, as compared to 65k per capita in the US. But that hides a lot. Germany's most productive city is Berlin. Berlin's GDP per capita is....45k. The US on the other hand has cities like San Francisco, with a GDP…
That can’t be both true. If the average is 45k, there must be higher ones, unless GDP per capita is a flat 45k across all its cities.