Culture matters. A culture is the style of human interaction. We often learn the ways and byways of society by its style, or feel, not only by explicit instruction. And the feel of culture in Europe slows it down. Europe lags economically behind America because European culture has veered away from practical, individualist roots, at least according to a fascinating Wall Street Journal thinkpiece by Nobel Laureate Edmund S. Phelps. This economist asserts that the virtues of dynamism, of actually taking charge and doing something, do not prevail in Italy, France, and Germany (The Big Three European countries) as much as they do in the U.S. and Canada:

There is evidence from University of Michigan "values surveys" that working-age people in the Continent's Big Three differ somewhat from those in the U.S. and the other comparator countries in the number of them expressing various "values" in the workplace.

The values that might impact dynamism are of special interest here. Relatively few in the Big Three report that they want jobs offering opportunities for achievement (42% in France and 54% in Italy, versus an average of 73% in Canada and the U.S.); chances for initiative in the job (38% in France and 47% in Italy, as against an average of 53% in Canada and the U.S.), and even interesting work (59% in France and Italy, versus an average of 71.5% in Canada and the U.K). Relatively few are keen on taking responsibility, or freedom (57% in Germany and 58% in France as against 61% in the U.S. and 65% in Canada), and relatively few are happy about taking orders (Italy 1.03, of a possible 3.0, and Germany 1.13, as against 1.34 in Canada and 1.47 in the U.S.).

Phelps concludes with a historical perspective:

It was a mistake of the Continental Europeans to think that they expressed the right values--right for them. These values led them to evolve economic models bringing in train a level of economic performance with which most working-age people are now discontented. Perhaps the way out--to go from unsatisfactory performance to high performance--will require not only reform of institutions but also a cultural shift that returns Europe to the philosophical roots that put it on the map to begin with.

Leave a comment

Comments:

No Comments for this post yet...

Leave a comment:

Name:

Email:

Your email address will not be displayed on this site.

Site/Url:

Your URL will be displayed.

Comment text:

Allowed XHTML tags: <p, ul, ol, li, dl, dt, dd, address, blockquote, ins, del, span, bdo, br, em, strong, dfn, code, samp, kdb, var, cite, abbr, acronym, q, sub, sup, tt, i, b, big, small>

Options:

Auto-BR (Line breaks become <br />)
Remember me (Set cookies for name, email and url)
Allow message form (Allow users to contact you through a message form (your email will NOT be displayed.))

Pingbacks:

No Pingbacks for this post yet...