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In reply to the discussion: I managed to get myself embroiled in an argument w/ some right-wing idiots that [View all]pnwmom
(110,052 posts)capitalism with significant taxes. They are "social democracies" with strong social safety nets -- not examples of socialism.
https://www.forbes.com/sites/jeffreydorfman/2018/07/08/sorry-bernie-bros-but-nordic-countries-are-not-socialist/#44b2cf9974ad
To the extent that the left wants to point to an example of successful socialism, not just generous welfare states, the Nordic countries are actually a poor case to cite. Regardless of the perception, in reality the Nordic countries practice mostly free market economics paired with high taxes exchanged for generous government entitlement programs.
First, it is worth noting that the Nordic counties were economic successes before they built their welfare states. Those productive economies, generating good incomes for their workers, allowed the governments to raise the tax revenue needed to pay for the social benefits. It was not the government benefits that created wealth, but wealth that allowed the luxury of such generous government programs.
Second, as evidence of the lack of government interference in business affairs, there is the fact that none of these countries have minimum wage laws. Unions are reasonably powerful in many industries and negotiate contracts, but the government does nothing to ensure any particular outcome from those negotiations. Workers are paid what they are worth, not based on governments perception of what is fair.
https://www.washingtonpost.com/opinions/global-opinions/democrats-use-nordic-nations-as-models-of-socialism-they-actually-involve-a-lot-of-capitalism/2019/06/24/b6d9bbdc-945c-11e9-b58a-a6a9afaa0e3e_story.html
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