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Europe is now a corporate also-ran. Can it recover its footing?

economist.com

901–905 of 905 posts

Re: Europe is now a corporate also-ran. Can it recover its footing?

#901

Earlier quoted context omitted.

> Well the topic of this thread was corporate and tech related so what do you expect? I expected exactly this - that people that benefit from those giant companies fail to see the downsides. > You can't always bring the lifestyle of minimum wage employees into every single discussion just as an joker card to argue that Europe is better than the US. Why not, if it works? Are you not just confirming that the US works f…

> those giant companies fail to see the downsides So in your book big companies have only downsides? What about VW, Mercedes, BMW, SAP, Bayer, Siemens, etc? Why are big US companies evil for you and not the rest?

What an egregiously edited quote. Cutting it down that much totally changed the meaning, leaving you a strawman that said nothing like what the original poster said.

Shame on you.

Re: Europe is now a corporate also-ran. Can it recover its footing?

#902

Earlier quoted context omitted.

But isn't the concentration of high-income tech workers in certain areas the reason for those high rents, together with little regulation of the rental market? So isn't that kind of self-inflicted?

Nah, this is an issue everywhere. Where I live there are few technology companies.

Apparently it isn't an issue quite everywhere. I mean, for instance, it doesn't seem to be one where your parents live.

Re: Europe is now a corporate also-ran. Can it recover its footing?

#903
post #868

Earlier quoted context omitted.

> Why not set the filters to something more directly related to what you want to achieve? Fine I'll bite: draw cartoons of you-know-who, see if they still integrate so seamlessly. Its the elephant in the room.

What you're trying to say is Muslim immigrants have trouble integrating in secular European society. But that has been a problem with immigration for years. In Australia in the 50s/60s the same thing was said about Italians and other post-war immigrants. The first generation works hard and busts their ass to get their kids a good education and into professions and business. They also have more of the attitudes of the…

> The first generation works hard and busts their ass to get their kids a good education and into professions and business.

That's how it used to be back in the day, but it doesn't seem to be how it works nowadays in countries to which migrant-smugglers explicitly recruit customers based on those countries' unconditional social benefit payments.

> The second and then third generation adopt their local society's attitude.

See the above; and thus...

> This leads to inter-generational clashes.

...thus, inter-cultural clashes, rather than inter-generational.

Re: Europe is now a corporate also-ran. Can it recover its footing?

#904

Can someone explain to me the title of the article? This looks like weird English syntax to me.

"An also-ran" is an idiom that means, basically, "not a top performer". As I understand it, it's originally from listings of athletics (EDIT: Or horse racing?) event results: "Winner, blah; second place, blah; third place, blah; also ran: blah, blah, blah, blah, blah and blah".

The second sentence, about "recover its footing", means to stop stumbling. This is a metaphor like "get back on track", meaning to start performing better. It was most probably chosen to extend the "running" theme from the first sentence.

Re: Europe is now a corporate also-ran. Can it recover its footing?

#905
post #222

Earlier quoted context omitted.

Beware of the survivorship bias. North American companies operating in the EU are those that are the most successful even in US. You would have a better everything working there compared to elsewhere disregarding of the locality. The advantage is really in working for a rich company.

> advantage is really in working for a rich company Of which America has more. For structural reasons. Per the article.

The main structural reason being a unified market of 400 million people with the same language, currency, and transportation infrastructure.
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