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Comment by F3nd0 | Hacker News Reader

I assume it runs deeper, but that doesn’t feel all that foreign compared to the US, does it?

There's nothing like that in the US, not by any measure.

The whole reason you have entrepreneurs in the US is because people DON'T judge for you failing. You can always start again.

Pretty sure we judged the heck out of Juicero, Theranos, and WeWork on this very website.

Not simply for failing though. Obviously there were other factors.

Right, but Elizabeth Holmes already has investors lined up for her next attempt to revolutionize medical testing.

Fraud is generally considered shameful, not being an entrepreneur

I don't know, I think it does, US social media is rather shameless, there's certainly no national social credit score or anything

Fair enough, but are we talking credit score or shaming by other users/citizen? Shaming and bullying people who are perceived as having done something wrong on-line is not unheard of in ‘the west’. I suppose it concerns famous people far more than your ordinary social circles, though.

The US has 3 national credit rating agencies.

One big disconnect the US has with China is that it's a putatively communist state running a hypercapitalist economy. So they frequently do capitalist stuff with that scary word "socialism" attached to it. Like introduce a fleet of pilot credit systems and calling it social credit.

Mix this phenomenon with US high school civics class and a few propagandists and you get the American view of "social credit score".

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