Because inequality creates incentive. The bigger the difference between the bulk of the society and the top percentages of earners the more people are willing to risk to reach the top. That’s why there are more successful startups in the US than in Scandinavia.
Because inequality creates incentive. The bigger the difference between the bulk of the society and the top percentages of earners the more people are willing to risk to reach the top. That’s why there are more successful startups in the US than in Scandinavia.
It’s a global rat race and the US is “winning”.