No, it implies that there are Americans who don't care about their work and there are Europeans who don't care about their work. But the former are far more pricey.
> The only notable tech company to come out of Europe in the last decade is Spotify.
I think this is incredibly dismissive of a huge number of tech companies that are european. ASML are dutch, and ARM are a UK company. Neither are startups, but both are foundations of the bleeding edge of tech this decade.
The fintech space is brimming with startups in europe, and to the best of my knowledge this is far superior to the situation in the US.
I guess it’s much easier for them to compete for workers since IIRC Intel (and I assume others in the sector) don’t pay that well compared to software companies
In some European countries, conditions are more favorable to workers, and this can be reflected in the wages as well. For instance, an employee in France will enjoy 35 weeks of holiday per year (not including public holidays), and also stronger protections regarding layoffs. This is somewhat expected that wages are also lower.
EDIT: 35 days, not weeks.
Up to €10,777 = 0% From €10,778 to €27,478 = 11% From €27,479 to €78,570 = 30% From €78,571 to €168,994 = 41% More than €168,994 = 45%
https://www.service-public.fr/particuliers/vosdroits/F1419?l...
Overall, tax is high in France, but not that different from other countries. Even in the US, certain places like NYC are heavily taxed. And you also need to see what tax gives you. I don't mind to pay tax if that gives me (and everybody else living here) access to healthcare, security, education or a decent future pension. Now whether France still provide these things is up to debate.
https://en.wikipedia.org/wiki/Protestant_work_ethic
The replacement now is the "hustler's work ethic", which takes away the virtues from the traditional work ethic.