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> Europeans are utterly unable to create new global enterprises at the rate of America and China,

Having a homogeneous, single-language, single market of 350 million, and 1.4 billion people, respectively, is an enormous competitive advantage that Europe cannot replicate, without doing away with sovereignty and brainwashing ~80% of its population.

And despite all that, the quality of life of the average European is pretty good.



Counterpoint - Israel. Tiny country, unique language, way more success in tech and VC per capita than Europe.


And how much success does it have making things sold to consumers? (Which is where the common market is most important.)

I don't think I have a single thing in my home made by an Israeli brand (And I don't use Waze, and either way, it's Google's now). I have quite a few European-branded items, though.




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