Earlier quoted context omitted.
Europe is not behind because Europeans are working less and taking more vacations. This message that is being loudly broadcasted hides the real problem. Europe is behind because we do not have good leadership. The decisions taken by leadership, no matter what level you look at - local, company, national, supranational - are rarely in the best interest of Europeans. Our markets - housing, rental, labor, capital, pensi…
Re leadership: none of my smart friends wants to be politician. Maybe that’s the root cause.
From recent events, I like giving example of Deutschland Ticket. The German transport minister during 2020/2021 took a huge political risk of challenging existing system, made life much more easier for normal person. What happened to his political career? The guy is nowhere to be seen.