> Because somehow "money" is what makes stuff to happen. Not labor.

With us 1.5B Indians, we can concur money is a big factor if not the biggest.

I mean I hear people clamoring for a paycheck without work. I've never heard someone ask to work without a paycheck. So yes money seems like an important ingredient.

Europes slice of global GDP has gone from ~30% (1980's) to ~17% (2020's), America's has remained at ~25%, and China has been on the rise, tbd if they can pass the US

Population wise, 7%, 5%, and 16%

Another statistic, the EU accounts for almost 50% of global social spending.

https://www.youtube.com/watch?v=JMjDmYqykNI (Stephen Kotkin - World on Fire?) (There are more than 100 armed conflicts going on right now, the most since the 1940s)

instead of 'money', the more precise term would be 'risk capital'. And yes, Europe has a stark shortage of that, which is why Euro startups raise in the US and when they go public, they go public on the US exchange.

SpaceX and Tesla are together worth more than all companies on the entire German stock market put together.