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Young Italians are leaving in droves
- Cumpiler69 2y agoAmericans with six figure salaries on holiday in Italy from their AirBnB in central Rome: "US sux, Europe has such a high quality of life" Meanwhile in the article: "More than a million Italians, a third of them aged 25 to 34, have left the country in the past decade due to low salaries and lack of recognition for their skills." Such a high quality of live that makes you want to leave.
- toomuchtodo 2y agoYour experience is a function of your purchasing power.
- AnimalMuppet 2y agoTrue. But if a country works for rich foreign visitors and not for less skilled locals, that's rather an indictment of the country, isn't it?
- canadianfella 2y ago[dead]
- mensetmanusman 2y agoEurope still suffering from post ww2 reverberations.
- Cumpiler69 2y agoItaly had a great post WW2 economic boom. Europe is suffering form the post-2008 austerity and failure to capture the international wealth generated by the new industry(tech) while it's older industries(like cars) are being destroyed by Asia, while being burdened with ballooning welfare costs of the ageing population and workforce that's uncompetitive with Asian labor costs but without the profitable innovations the likes of US has.
- toomuchtodo 2y agoWould tech have wealth to be generated if there was regulation to prevent the harm of social and adtech? (low quality example used, removed, thanks hollerith for pointing this out). Is that real wealth? Or is that broken window fallacy wealth (a facade of wealth created from capture of what should be a utility, as it is in many other OECD countries)? Certainly, chase legitimate value creation, that is the dire need (China does this well imho). Edit: > @Cumpiler69: You're moving the goalposts and also in the wrong direction. What does United have to do with this? There is a bucket of wealth creation that is of real value, and there is a bucket of wealth creation from regulatory capture and non "good faith" value creation (anything skimming off of the economy comes to mind immediately). If we're going to discuss what places like Italy or Europe could do better, this is an important part of the discussion (otherwise you're chasing the wrong metrics). I probably should've used Meta instead.
- Cumpiler69 2y agoYou're moving the goalposts and also in the wrong direction. What does United have to do with this? Yeah, the US healthcare system is kinda messed up, but you don't see skilled Americans going to take jobs in Italy for the better quality of life.
- toomuchtodo 2y agoAllow me to attempt a different approach. What jobs in Italy do you think would be most beneficial to improve financial prospects for those in need of jobs, and what industries would those jobs be concentrated in?
- Cumpiler69 2y agoYou should be asking those who are leaving Italy. I'm sure many would also move for work to the US if getting a visa was easy. But to retort to your question: Firstly, not every CEO in the US is there to extract wealth from the population some create a lot value to the US economy and welfare of the workers. And secondly Italians are alo being wealth extracted by their elites, despite not having privatized healthcare, that's why so many are leaving.
- verzali 2y agoItaly is suffering more from several decades of political dysfunction and a long term stagnant economy.
- mensetmanusman 2y agoA consequence of millions of dead missing leaders in the family and in the community.
- AnimalMuppet 2y agoWorld War II ended 79 years ago. The people who were killed then would be retired or dead by now. Yeah, Italian society is less than it could have been if it had the contributions of those people. But it seems really weird to single that out as the single source of Italy's problems.
- mensetmanusman 2y agoThat’s about when slavery ended in the US and the community most effected by that is still suffering from the knock on effects of destroying the family structure equilibrium. It’s better to think in terms of number of generations versus years.
- AnimalMuppet 2y agoAll right, let's think in terms of generations. Slavery ended 160 years ago; that's something like eight generations (depending on exactly how you define it). Things that happened in the past did real damage. But sooner or later you have to stop blaming the past and start actually fixing things and getting on with life. Eight generations is past that time. I submit that four generations also is, and therefore that your blaming WWII for Italy is as misguided as blaming slavery for the US.
- mensetmanusman 2y agoIt’s all true what you say. Just pointing out that generational effects last centuries as you correctly point out, and that it is rare to get an entire culture to fix things.
- deleted 2y ago[deleted]
- xenospn 2y agoWhere are they going, tho? It’s not like there’s higher pay anywhere else outside of Norway and the US, both difficult to move to.