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#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: [email protected]
Chapters:
00:00 Introduction
00:59 Defining Values-Led Capitalism
05:17 U.S. “Man in the Arena” vs. European Perfectionism
10:11 Reality Is Messy
12:48 Living Inside vs. Outside The System
17:01 Bureaucracy In France
21:54 Gray Areas Reinforce Bureaucracy
33:31 Values Breakdown: Europe vs US
36:13 Government-Led vs. Consumer-Led Capitalism
39:27 Market Control And Decentralization
41:17 The Role Of Middlemen & Decentralization
46:05 Future of Wholesale Distribution
48:34 80% of Global Retail Spend Is Still In-Store
54:10 European Startups: Values Over Economic Sustainability
58:07 European Startup Ecosystem
58:29 Is Entrepreneurship In Europe A Game For The Rich?
01:00:06 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:
- 📰 Join the Substack – https://goingdirect.substack.com/subscribe
- 🎧 Listen on Listen on Apple Podcasts – https://podcasts.apple.com/us/podcast/going-direct-conversations/id1800505663
- Subscribe to YouTube for more deep dives on decentralization, robots, and the real economy – https://www.youtube.com/@goingdirect_/videos
This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit goingdirect.substack.com
View all episodes
By Jordan WolfeJordan 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: [email protected]
Chapters:
00:00 Introduction
00:59 Defining Values-Led Capitalism
05:17 U.S. “Man in the Arena” vs. European Perfectionism
10:11 Reality Is Messy
12:48 Living Inside vs. Outside The System
17:01 Bureaucracy In France
21:54 Gray Areas Reinforce Bureaucracy
33:31 Values Breakdown: Europe vs US
36:13 Government-Led vs. Consumer-Led Capitalism
39:27 Market Control And Decentralization
41:17 The Role Of Middlemen & Decentralization
46:05 Future of Wholesale Distribution
48:34 80% of Global Retail Spend Is Still In-Store
54:10 European Startups: Values Over Economic Sustainability
58:07 European Startup Ecosystem
58:29 Is Entrepreneurship In Europe A Game For The Rich?
01:00:06 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:
- 📰 Join the Substack – https://goingdirect.substack.com/subscribe
- 🎧 Listen on Listen on Apple Podcasts – https://podcasts.apple.com/us/podcast/going-direct-conversations/id1800505663
- Subscribe to YouTube for more deep dives on decentralization, robots, and the real economy – https://www.youtube.com/@goingdirect_/videos
This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit goingdirect.substack.com