It's not just “the longing for a digital national champion”, but also the idea that american startups are more successful because they are more ruthless, more willing to lie, to commit fraud, an idea which I also see on this forum.
It's not just “the longing for a digital national champion”, but also the idea that american startups are more successful because they are more ruthless, more willing to lie, to commit fraud, an idea which I also see on this forum.
> “the longing for a digital national champion,”
Ultimately, you get what you incentivize.
The German tax regime is not friendly to start-ups and entrepreneurs, to put it very mildly, and infrastructure is lacking. Fertile ground it sure isn't. (There are other issues, like a digital economy that's not concentrated in one region but is diffuse around the entire nation -- and public attitudes, which are best described as being "staid," and favor employment at large existing firms or at research institutions.)
Legitimate entrepreneurs -- especially the good ones with foresight and low time preference -- will leave for greener pastures. And you can bet your last Euro that many of those who remain are grifters merely preying upon “the longing for a digital national champion.”
What I'm noticing is that we buy a lot of German motors, valves, optics, automation equipment. Even things like terminal blocks, hand tools, etc. etc. We all prefer them even to American brands, much less Asian. My well-off coworkers drive German cars unless they are pickup truck guys.
Maybe it's good to have a high-power economy based on conservative tech alongside our US high-risk but ultimately amateurish approach. Best of both worlds. Having said that I would never consider going [edit: move] back to Germany, for different reasons.
Being risk-averse is, perhaps, exceptionally valuable when you are concerned with fine-tuning production of hellishly expensive factories producing precision-engineered physical goods. Tolerances are tight and error is the enemy because the cost is so high.
Risk-friendliness, on the other hand, addresses a different problem. When new things can be made quickly, iterated rapidly, and each round is cheap? You can prioritize avoiding failure, but you can afford to fail.
These categories map pretty well to manufacturing and software, respectively.
I've already claimed this for my tombstone
In Germany my impression is more "get your ducks in a row before you startup", which does make sense and has some advantages. I don't even think that it is that much easier to startup in the U.S., if all the rules (tax and otherwise) were enforced all the time. However, because in the U.S. you aren't (usually) as harshly punished for not having your ducks in a regulatory row before starting, the company is able to get big enough to afford accountants, lawyers, etc.
I'm not saying the American "system" here is perfect, or even really a designed system at all, but it does have the effect (normally) of requiring more regulatory compliance as you grow in size, much like we as individuals are allowed to do things when 2 years old that we are sanctioned for if we do them when adults.
All varies a lot by sector, etc. of course, but that's the general trend.
That's the impression you'll get as a foreigner who spent a little time in Germany, but if you're long timer deep in the system you'll realize that "rules are rules" is only true for the little guy whereas the wealthy elite and old-money individuals and companies can and do bend and break the rules with the help of regulators, politicians and courts all the time who kindly look the other way because they are directly or indirectly invested in those companies or tied to the individuals who run the companies.
High level corruption in Germany is rampant and the scandals are numerous. VW, Wirecard, Deutche, Axel Springer, real estate giants, basically pick any rich big German company, chances are they have powerful friends in politics greasing the gears for them making sure the regulatory authorities are always looking the other way.
And, I agree of course, the rich have a better system.
Meh, that's just a rule OCD public façade since people are watching and so kids don't learn bad habits and get killed by cars, but privately many Germans are more than willing to break rules if it benefits them and nobody is looking and won't find out about it, just that they don't openly talk about such things since the Germans are super private about their personal affairs and finances, and you also won't hear about such things if you only hang abound in bubbles of SW devs and other repeople with corporate jobs in big cities.
My favorite is them not paying taxes on cash earnings. Cash is king for a reason in Germany: many small businesses, self employed or side hustles love doing business in cash since they can dodge the tax man and pad their incomes with untaxed earnings.
Please tell them that "rules are rules" when it comes to paying their taxes on cash earnings and they'll tell you to shut up and piss off because "everyone is doing it" and "it's always been like that".
Financial transparency is a big thing in Scandinavian countries where cash is basically non existent and you can view the tax returns of others, and they still have GDPR and no tyranny while having low corruption and high government transparency. It's the sign of a fair and high trust society.
So I'm not baying it.
Is there anywhere this isn’t true? The later bit (which I haven’t quoted) about corruption of politicians and courts might be less true in other locations, but it’s certainly a lot easier being wealthy.
Bojo was brought down by (amongst other things) having had some colleagues drinking at his official residence during Covid (and lying about it) and questions over who had paid for the wallpaper at his official residence (and lying about it).
The press in the UK usually does what it’s meant to, and sniffs out corruption and unfairness and then makes a huge deal out of them if it was someone from the other side.
EDIT: that said, the UK desperately needs to revise non-dom rules and libel laws, which are waaay too favourable to those with power money as compared to your regular joe.
Meh, these seem like lame excuses for what is basically blatant corruption at the level of government authorities. Try not paying your taxes in Germany as a small time freelancer and watch how fast the tax man comes after you. If I tell him, "please look the other way, I'm trying to build you a national tech champion" I'm pretty sure it's not gonna fly. Probably because I'm not politically connected well enough at the higher echelons like wirecard was.
Hey Germany, if you're so longing for a digital champion, why aren't you massively lowering taxes for start-ups, flooding them with funding and cutting their red tape, instead of aiding the corrupt enterprises of well connected crooks?
>“the German mentality toward non-Germans”
The truth has been spoken. This skepticism towards anything non-German is one of the reasons the SW sector and digitalization in Germany is in such a dire shape.
>“German supervisory authorities are not fit for the ‘Internet Age"
Here here. You can add to that the courts too and the politicians who need to have their "internet printed".
"Wirecard scandal: German Finance Minister questioned" - https://www.dw.com/en/wirecard-scandal-german-finance-minist...
What makes you think opening a firehouse of funding isn't going to be immediately siphoned up by corrupt enterprises of well-connected crooks?
In Germany the „Michelin“ tires are pronounced in a German way in advertisements (and not in French, like in most other countries), because Germans wouldn’t buy something that has a name that doesn’t sound German.
Michelin is a company with a very long history, with an active presence Germany dating back well over a hundred years. They were already large by then. Maybe German pronunciation made things more palatable for consumers, but it was certainly well know that the company was French. And by now, it's an established brand that has a fixed pronunciation.
As the obvious frame of reference in this case is the notoriously "open to all things not from here" USA: remind me again how Americans pronounce Volkswagen or Continental, let alone Huawei. (Or _any_ foreign or even British word)
Curiously, Germans generally try to use the "French" pronunciation of Guide Michelin.
Anyway point being people everywhere pronounce things the way they do because it puts the least strain on their cognitive and physical vocal system. Your example doesn't support the (possibly valid) point you're trying to make the point that Germans have a bad attitude toward foreign concepts, things and people.
The US law allows for more so that's not exactly unjustified...
Incredibly rare to see self driving cars outside of the Bay Area. Up here in Canada I have my doubts about ANY self driving car achieving true autonomy in our conditions, and I live in the part that doesn't see much snow.
Which brings me to my point: adapt to local circumstances don't assume society will adapt to yours because they've been around a thousand years longer and sooner or later you will be crushed.
Biggest fraud in German history I don't know either, what about the Hitler diaries or the (political instrumentalization of the) Reichstag fire, on this date 90 years ago btw?
Sure. Of course, many of these things are the responsibility of german legislators, and their longing for a german tech success story might be at least in part explained by a desire to avoid thinking about them.