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Slashdot Asks: Does Britain's 'Know Your Place' Culture Stifle Innovation?
Tom Blomfield, founder of Monzo, challenges the notion that Americans work harder than Europeans, attributing the U.S.'s economic edge to a culture of "positivity, optimism, and ambition" rather than sheer work ethic. He argues that the "know your place, don't get too big for your boots" mindset sti...
He argues that the "know your place, don't get too big for your boots" mindset stifles innovation, whereas the U.S.' "American Dream" fosters a more dynamic start-up culture, making it easier for entrepreneurs to bounce back from failure. In April, Nicolai Tangen, the CEO of Norway's $1.6 trillion sovereign wealth fund, sparked a debate with his comments that there was a difference in the " general level of ambition" between U.S. and European workers, adding that Americans work harder. Backed by the "American dream" ideal that Blomfield mentioned in his interview, the U.S. has long been more closely associated with entrepreneurialism and disruption than Britain, and Europe more widely.
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