Making it in America (and China)

Ann Fields at TrueSlant looks at attitudes towards entrepreneurs around the world:

In this country, entrepreneurs are close to heroes, all-American,

independent-minded, do-it-yourselfers, the heart and soul of our

economy. So, it’s not surprising that 73% of Americans have positive

opinions of entrepreneurs.

But, apparently, that admiration is not shared by others. The study

found that just 49% of EU residents have the same high opinion of

entrepreneurs.

At the same time, a significant number of Europeans–45%–want to be

their own boss. That’s substantial, especially when compared, say, to

the Japanese, where 39% have that preference. But it doesn’t compare to

the number of those in the U.S. who’d like to be on their own. (55%).

And which country is the most entrepreneurial? Communist China:

It’s China, where 71% of the population studied wants to be

self-employed.

It is completely unclear what this means, but I do think it interesting that a country that supposedly shuns the free market is the most entrepreneur friendly (at least by its own people). I would imagine that the power wielded by giant corporations in the West is doing more to damage to the entrepreneurial spirit than big government, where people know that they cannot start a business for fear of being out competed by a larger competitor.

Ben Cohen is the editor and founder of The Daily Banter. He lives in Washington DC where he does podcasts, teaches Martial Arts, and tries to be a good father. He would be extremely disturbed if you took him too seriously.