#33 INSIDE GOING DIRECT: Capitalism in America vs Europe

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Going Direct Conversations

Going Direct

33 episodes

2 days ago

Going Direct explores the decentralization of the real economy and how new technologies can bring us closer to the products we buy and the people who make them. We feature conversations with entrepreneurs, creators, engineers, and policymakers building new systems around how we produce, distribute, and sell products. If you want to help create this future, come join us!

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#33 INSIDE GOING DIRECT: Capitalism in America vs Europe - Part 2

Going Direct Conversations

1 hour 5 minutes 17 seconds

1 month ago

#33 INSIDE GOING DIRECT: Capitalism in America vs Europe - Part 2

Jordan sits down with Reiss Jones to discuss capitalism in America vs Europe. This is the second of a 2-part conversation where we discuss the European system in detail. We unpack:

What values-led capitalism really means
Why reality is messy
Europe’s perfectionism vs. America’s “man in the arena” mentality
The gray areas in European business vs. U.S.
Why distribution, middlemen, and monopsonies keep costs high
How decentralization and going direct can break the cycle
How to align values with a startup’s incentive structure
Why European founders often move to the U.S. for scale

#capitalism #decentralization #startups #AI

Follow Jordan on X: ⁠https://x.com/jrwolfe⁠

Follow Reiss on LinkedIn: ⁠https://www.linkedin.com/in/reissjones/

Contact Reiss: ⁠reiss@reissjones.com⁠

Chapters:

00:00 Introduction

00:07 Defining Values-Led Capitalism

04:25 U.S. “Man in the Arena” vs. European Perfectionism

09:14 Reality Is Messy

11:56 Living Inside vs. Outside The System

16:09 Bureaucracy In France

21:02 Gray Areas Reinforce Bureaucracy

32:39 Values Breakdown: Europe vs US

35:21 Government-Led vs. Consumer-Led Capitalism

38:35 Market Control And Decentralization

40:49 The Role Of Middlemen & Decentralization

45:13 Future of Wholesale Distribution

47:36 80% of Global Retail Spend Is Still In-Store

53:18 European Startups: Values Over Economic Sustainability

57:15 European Startup Ecosystem

57:37 Is Entrepreneurship In Europe A Game For The Rich?

59:14 Final Takeaways: Stoicism & Realism

👉 Key References Mentioned:

Teddy Roosevelt’s “Man in the Arena” speech - https://www.youtube.com/watch?v=A311CnTjfos
“World Models” by Ha & Schmidhuber (2018) – https://arxiv.org/abs/1803.10122
Statista: 80% of Global Retail Spend is Still In-Store - https://www.statista.com/statistics/534123/e-commerce-share-of-retail-sales-worldwide/

Subscribe & Follow:

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