You also have the right to 3 years unpaid leave (extended with further children) and the employer must find you a similar position when you return to work.
So far this has neither economically crippled the nation nor made it impossible for its companies to compete on the international market, nor driven all the manufacturing and blue-collar work abroad.
I'm just astonished how such different systems can coexist. What are the benefits of the American system and who receives them? A lower tax burden? Is it really that much lower to be worth it?