Is Europe a technologically unsuccessful continent?

[Tooting Carmen]

Asians may build the most TVs, radios, CD players, cinema screens and computer screens, but ultimately, who produces most of the things people watch and use them for?

[Deneb]

ASML's figures:

	Revenue €10.944 billion (2018)[1] Net income €2.592 billion (2018) Total assets €18.196 billion (2017) Total equity €10.676 billion (2017) Number of employees >23,000 (2019), 123 different nationalities[2]

Philips:

Products	Electronics Medical equipment
Revenue	€18.121 billion (2018)[1]
Operating income	€1.719 billion (2018)[1]
Net income	€1.097 billion (2018)[1]
Total assets	€26.019 billion (2018)[2]
Total equity	€12.088 billion (2018)[2]
Number of employees	77,400 (2018)[2

And then we also have smaller companies like Galapagos NV - a Belgo-Dutch pharmaceutical research company.

And, of course, NXP Semiconductors

Products	Semiconductors
Revenue	US$9.41 billion (2018)
Operating income	US$850 million (2018)
Net income	US$2.2 billion (2018)
Number of employees	31,000 (2017)[1]
Website	www.nxp.com

I remember seeing NXP Semiconductors in The NASDAQ-100 index. I didn't know it was a Dutch company.

[Teutone]

SAP is doing well. It's the 7th world largest and 1st European software company (don't fool yourself with Accenture, this is really an American company incorporated in Ireland for the purpose of not paying taxes).

Yea but I doubt its a good sign that its the only European/German company in the Top 10.

Europes future is very bad, but I can be specific on Germany, last year there was no economic growth, almost hit a recession, our own eco policy will cripple the German car industry and the crazy rise of leftist parties will once and for all kill our economy.

[Deneb]

Major Semiconductor Companies, no one European company in the Top 10. NXP (Dutch) is 12, Infineon (German) 14, STMic. (Swiss) 15.

[ixulescu]

Asians may build the most TVs, radios, CD players, cinema screens and computer screens, but ultimately, who produces most of the things people watch and use them for?

Not only that, but most of the IP in those consumer electronics is Western (90% US made).

[tekken999]

That's not socialism. Do you even know what socialism is ? Can you describe socialism ?

I said not by strict definition and regardless Europe has many socialist policies which are integral to the European way of life such as universal health care and free education for universities, elaborate social safety nets particularly in places such as Scandinavia which are pure socialist policies. Anytime resources(money from taxes for example) are collected and redistributed throughout the community that's socialism

[The Lawspeaker]

I said not by strict definition and regardless Europe has many socialist policies which are integral to the European way of life such as universal health care and free education for universities, elaborate social safety nets particularly in places such as Scandinavia which are pure socialist policies. Anytime resources(money from taxes for example) are collected and redistributed throughout the community that's socialism

In other words: you shout socialism but you can't really describe it and you don't know that Europe's economy are all free market economies. And universal healthcare ? Can you name the European countries with universal healthcare ? Can you name the countries with free education ? Are you also aware the safety nets in Scandinavia (or in other parts of Europe) actually come from a Liberal/Christian Democratic tradition ?

[tekken999]

In other words: you shout socialism but you can't really describe it and you don't know that Europe's economy are all free market economies. And universal healthcare ? Can you name the European countries with universal healthcare ? Can you name the countries with free education ? Are you also aware the safety nets in Scandinavia (or in other parts of Europe) actually come from a Liberal/Christian Democratic tradition ?

I just did describe it. Are you telling me that a society that does not collect resources and redistribute it throughout the community is not considered socialism?
I don't deny that euope's economy are free market economies which is why I said that by strict definition that they are not socialist however they do still have socialist policies.



and just because tuition isn't free in other countries like spain doesn't mean that it isn't still be being paid by someone else which is why costs are kept low

[The Lawspeaker]

I just did describe it. Are you telling me that a society that does not collect resources and redistribute it throughout the community is not considered socialism?
I don't deny that euope's economy are free market economies which is why I said that by strict definition that they are not socialist however they do still have socialist policies.


and just because tuition isn't free in other countries like spain doesn't mean that it isn't still be being paid by someone else which is why costs are kept low

Describe socialism because you only described a moderated capitalism. What is socialism ? Let me tell you what socialism is:

socialism

noun so·​cial·​ism | \ ˈsō-shə-ˌli-zəm

\

Definition of socialism



1 : any of various economic and political theories advocating collective or governmental ownership and administration of the means of production and distribution of goods

2a : a system of society or group living in which there is no private property
b : a system or condition of society in which the means of production are owned and controlled by the state

3 : a stage of society in Marxist theory transitional between capitalism and communism and distinguished by unequal distribution of goods and pay according to work done

We don't have socialism in Europe. Deal. With. It. All European countries are capitalist. We just moderated it. In fact: the past 20 years have seen the privatisation of most previously state-owned services (like the mail ( which is still publicly owned in the U.S btw !), the railways (the U.S still has AMTRAK - you bunch of commies !), utilities, water (in some areas), the tuition and education system, pension systems. Read this so you understand how it works.

In fact - you probably have more people working for the State than we do - particularly with your very large armament industry which, effectively, is an arm of the U.S government.

Btw, American: just so you know.. Sweden isn't next to Rome and its capital isn't Amsterdam.

[tekken999]

Describe socialism because you only described a moderated capitalism. What is socialism ? Let me tell you what socialism is:



We don't have socialism in Europe. Deal. With. It. All European countries are capitalist. We just moderated it. In fact: the past 20 years have seen the privatisation of most previously state-owned services (like the mail ( which is still publicly owned in the U.S btw !), the railways (the U.S still has AMTRAK - you bunch of commies !), utilities, water (in some areas), the tuition and education system, pension systems.

In fact - you probably have more people working for the State than we do - particularly with your very large armament industry which, effectively, is an arm of the U.S government.

Except you can't refute the fact that Europe has socialist policies which may not define it as socialist as a whole in the strict definition but which are still integral to European countries. The fact the government owns a health care system which redistributes health care to it's citizens off of their taxes makes it a socialist program and that fits the definition