US And Europe Not Competing Economically

from the let's-be-friends dept

There's been some recent debate about whether Europe or the United States will be a home to more innovation in the future. The discussion isn't unlike those about China and the US, which pit them as competing economies. But in a period of globalization, are these discussions relevant? European citizens can benefit from US innovation as easily as US citizens can, and vice versa. American investors can invest their money into European startups with little extra cost, if they don't like their opportunities locally. While it's easy to talk about countries the same way we talk about companies (e.g. Google vs. Microsoft), it doesn't make much sense when capital, ideas, and companies freely transcend national borders.
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  1. identicon
    Tony, 16 Mar 2006 @ 4:35pm


    soon enough the united states will be an entire country of overweight people working in service based industries with no production or manufacturing to speak of... oh wait, that's what it is already...

    these foreign countries will control us with their products someday... oh wait that too is already happening (oil)...

    someday people will learn from history

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