This is interesting. There are many mechanisms that decrease social mobility in Europe. Social programs that transfer risk of individuals to the state reduce the autonomy of individual citizens due to the law of requisite variety. College is free in Germany, but the state tests students into tracks after elementary school. Only 33% of german students are college educated compared to 66% in the us. Students with the resources to prepare for the test or study abroad get to be in the educated class, while students without resources often get locked into a lower social status before they enter middle school.
@WillieFungo
Күн бұрын
And don't forget American college is nowhere near as the internet makes people believe. Community colleges cost around $5,000 per year. With scholarships, this number can reduce to 0 or even them giving the student money.
@petelipson3769
2 сағат бұрын
I am no expert on Universities in Germany........but a college education,degree in the U.S. is much more diluted than it was 30 years ago......i do not think the college degree system is as watered down in germany. There are a lot of Exercise Science (P.E basically), Sociology, Mass Communication majors with degrees working minimum wage jobs in the U.S. Is this the case in Germany i wonder? 12:40
@willlockler9433
Жыл бұрын
Interesting. America must seem like chaos to this old money.
@AFNick
Жыл бұрын
It is. The chaos is the same thing that keeps the US economy dynamic.
@willlockler9433
Жыл бұрын
@@AFNickAgreed. May we keep it so.
@ruigoncalves2
Жыл бұрын
I’m Portuguese, living in Denmark for the last 5 year. Work in IT, and visited the US 2 times. Portugal is the poorest country in Western Europe. People back home are poor but also brainwashed, not only is richer Europe something the media doesn’t talk about, the US is the boogeyman of caos and “lack of state support”. It’s sad because we in Europe have more in common with the US that we have in differences we could learn so much for each others.
@AFNick
Жыл бұрын
Your comment is similar to the analysis I did on Portugal’s future six months ago kzitem.info/news/bejne/w26Yt6Wcs2SSp5g
@willlockler9433
Жыл бұрын
@@ruigoncalves2 There was a famous quote, I forget by whom, when the US was expanding from the Atlantic to the Pacific,; "Go west young man". Perhaps it still applies.
@lennyf923
Жыл бұрын
Hey Nick awesome video. When I was younger I wanted to move to Europe because I went there a few times and it seemed so great to live there, but as I got older I explored the idea of being an entrepreneur more. Off of the top of my head I could not think of any known European entrepreneurs and did some research on starting a business in Europe, and you got it right on the ball. Since then I've decided to stay in the US so that I have a better chance with social mobility.
@RhettPrice-mm1ss
19 сағат бұрын
You matched a lot of Lenin’s analysis of British Labor Aristocracy
@inedanap6253
Жыл бұрын
Great work Nick! Very enlightening. This has inspired me to research more on the topic
@psikeyhackr6914
8 сағат бұрын
The social psychology of European Culture is imperialistic. Capitalism, socialism and communism do not matter. The social psychology of the culture will bend them all to be imperialistic. When has mandatory accounting in the schools been discussed regarding any of them? Do they use money?
@sporegnosis
5 сағат бұрын
You earned my subscription with this video.
@AFNick
2 сағат бұрын
Thanks
@AtlantaSamurai
8 күн бұрын
Where does the European celebrity class fall in this? Specifically, I'm referring to their offspring. Do their kids become a part of the "Old Money" class, despite not having the traditional status and education? Or does the celebrity class just fall back into the Lower-Middle Class after a couple of generations?
@AFNick
6 күн бұрын
It probably depends on how impactful they are. Those who are knighted (or the non-British equivalent) are likely to have more staying power. Most descendants of celebrities will sink back down to lower middle class equilibrium.
@AtlantaSamurai
6 күн бұрын
@@AFNick I think so, too. They'll have the same fate as the descendants of rich merchants. Thanks
@timog7358
Жыл бұрын
great video. youtube algo is on point again
@calibvr
Сағат бұрын
tbf suvs and pickup trucks are sad asf and suburban homes are structurally terrible
@AFNick
38 минут бұрын
I agree with you on pickup trucks, but American suburban lifestyle is better than cramming a family into a small apartment built a century ago.
@bevbevan6189
Жыл бұрын
Tremendous video. It was fascinating how the European upper class’ expectation that all systems were rigged made them among Madoff’s leading pigeons.
@kono5933
Жыл бұрын
Bev bevan?? ELO?? 🤣
@bevbevan6189
Жыл бұрын
@@kono5933 Not him. Just a fun obscure name.
@kono5933
Жыл бұрын
@@bevbevan6189 it's fun alright!
@atlantean781
2 күн бұрын
Good stuff 👍
@AFNick
2 күн бұрын
Thanks
@MargaretLi-f2n
8 ай бұрын
Can't agree more!
@MoonShine-o5n
7 ай бұрын
I just came to the exact same conclusion after researching EU countries😂 Completely agree with you. It’s so easy to see lol.
@WillieFungo
Күн бұрын
For everyone except the Europeans themselves. They are too busy fixating on America's problems to see their own.
@NoOne-kx7zs
5 сағат бұрын
@@WillieFungoAs a non-westerner.... basically neither american or European....had noted this long back. European people have a weird sense of superiority complex where they like to believe no one is near them in development. Problem is......USA and japan are objectively better than Europe in many metrics..... not to mention comparison of things like living space and services make it all too more obvious to ignore. So in order to not let their sense of superiority get challenged......they keep on talking about massive issues of America day and night. If i have to be very honest.....issues of Europe are much bigger than that of USA..
@ronbudd1059
Күн бұрын
👏👏👏👏👏👏👏👏👏👏👏
@dutchy4830
Жыл бұрын
This is what im talking about nick, what a beautiful thumbnail. I hope it improves traction!
@sebsebski2829
Жыл бұрын
I mean... top 10 countries with higher social mobility than the US are located in the EU. Old money also exists in the USA. The argument with cars was extremely weak, and you know it, Nick. We don't need big American cars because our streets and roads are made for tiny vehicles. Think of America but with 700 million people. 8 European countries have higher savings per capita than the USA. Homelessness? Nonexistent. Junkies on the streets? nonexistent. Tents with homeless people? None. Gun crime? Almost 0. Homicide? It's 1 per 100k citizens. USA is 50 per 100k citizens. My country has a population of California. in 2019 you guys had 2950 gun-related deaths in Cali, with 245 children being shot to death. My country had 30 times fewer gun related deaths. You have your higher salary (What's the average? 20k dollars a year?) we got safety, peace, healthcare, and comfortable life. I'm happy to pay 20k dollars a year so I don't have to read every 5 days about school shootings in France, Germany, or Poland.
@AFNick
Жыл бұрын
It’s going to take a while for my full response on this, but thanks for the comment in the mean time.
@MoonShine-o5n
7 ай бұрын
Sounds like you’ve decided to ignore reality today. Nobody’s saying the US is perfect.. it has issues but social mobility isn’t one. The car industry is a perfect example lol.. you still have your Mercedes, VWs, and your BMWs, etc. the barrier for entry is massive. Meanwhile, here it’s Tesla, Rivian and Lucid, many others threatening the status quo.
@vanessat9309
10 күн бұрын
I agree on the fact that Europeans neither need nor drive big cars and SUVs. Unfortunately though, Nick, SUVs are really catching on here too. I was shocked when I saw an actual "pick-up truck" parked in my small village (in Germany).
@r.mariano8118
6 күн бұрын
The US murder rate is around 5-7/100k it’s been higher in the past but it’s not 50/100k that’s worse than South Africa.
@johnwitherell6662
2 күн бұрын
Europe has gypsies and now has migrant problems that are about to give plenty of similar social issues present in the US. This man is also going to pretend that Europe is a utopia without gun deaths while a literal war is going on with some of the most horrific and inhumane fighting ever devised by technology. Do you remember the last time a US citizen had to worry about an invasion, while Ukraine isn't the only EU country worried about an invasion. Cyprus, for instance, comes to mind with Turkish oil exploration ships and the Greek Cypriots sometimes freaking out over a little ship plodding around in the sea. "Oh but those are not EUrope" I, too, can cherry pick US states/regions and present a utopia that exceeds anything Europe could muster. The other issue about wealth - Nick mentioned that Europeans often hang dry their clothes. For instance let's say that nearly every European could afford to buy a clothes drying machine, it's quite likely they will not have the space to put it anywhere in their house/apartment, even more so that they couldn't afford a house that has enough space over a simple appliance most Americans take for granted. Their roads are small because they are so urbanized and each person has that much less wealth of land to own and share publicly. In America there are places with enough public land that you could get lost and die from how remote it is to anything, while it's basically impossible for you to die of remoteness in Europe. Even if Europe somehow had larger roads, Europeans could not afford the cars Americans buy, period. Cloth seat 316i BMWs sound like a joke of a poverty trim (to Americans) that actually exists in Europe that is not sold in the US for obvious reasons.
@truediltom
Жыл бұрын
Fantastic video
@tikaltoki4561
Жыл бұрын
The number of views seems to be relative to quality at least in this case.
@MoonShine-o5n
7 ай бұрын
Lol somebody got triggered by facts and likes group think.
@WillieFungo
Күн бұрын
@@MoonShine-o5n That's the European mentality.
@edbop
2 күн бұрын
Oh dear, your claim about GDP per capita is not particularly useful because it very much depends where in Europe you are talking about; Norway for instance, very strong welfare state, has a higher gdp per capita than the US. Your claim about it being less than half that of the US only applies to places like Spain and Italy. Your claim about savings rates is also dodgy as many European countries have a savings rate similar or substantially higher than that of the US. Your political/economic analysis is that of the level of a school kid. Learning how banking works I feel would help you massively, perhaps start with Werner's 2014 paper 'can banks create money out of nothing' it is freely available to read on the internet.
@nicholastorres44
2 күн бұрын
Oh dear, when you were condescending it actually hurt your counter argument, which on its own was more supporting of the idea that Europe lacks social equality.
@edbop
Күн бұрын
@@nicholastorres44 Europe is a continent, it is on the other side of the Atlantic Ocean,and is made up of many countries; theses countries are different, some are wealthy some are not. Variety in wealth between countries is not the same as wealth inequality within countries, that would be like saying America has huge wealth inequality because the Canada is rich and Cuba is poor. Google maps is really useful if you are unaware where any of the places I have mentioned are.
@edbop
Күн бұрын
@@nicholastorres44 Europe is a continent on the other side of the Atlantic Ocean (see a map of the world) made up of a number of countries of varying levels of wealth as well as wealth and social inequality. Variance between countries is not evidence of inequality within those countries. In terms you may understand North America is a continent, Canada is a country within North America. Or this cow is small, those cows are far away.
@WillieFungo
Күн бұрын
@@nicholastorres44 This is the European mentality. They generally have this massive chip on their shoulder.
@WillieFungo
Күн бұрын
@@edbop You people always say the same things. Today its "Don't generalize Europe". Tomorow its "As a European". Whatever suits your argument at the time.
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