More here:
When Spyker bought the troubled car company, Saab the Swedish government didn’t interfere, when Saab went bankrupt they didn’t interfere and when the Chinese have bought it they didn’t interfere.
This is just one of the ways in which Sweden just isn’t as socialist or left-wing or even modern day liberal as many seem to think.
The country has no national minimum wage, no inheritance tax, capital and certainly corporate taxes are lower than in the US, in fact, the tax system as a whole is less progressive than that of the US or UK. It just isn’t what many seem to think it is.
yes
with low corporate tax rates
and VERY HIGH individual tax rates
Good post, thank you.
The thing to understand about the ‘Socialist Model’ for Scandinavian countries is that it can ONLY work in a homogeneous society - meaning ONE ethnic group. The reason for that is community pressure will force lazy people to actually work, and so when they are out of work, for example, they will be pressured to find a job by family and friends, regardless of how good the ‘benefits’ are when not working.
But once you bring in new groups, then people will start to game the system, and the system breaks down. To put it another way, in Europe, a Muslim is considered a SELLOUT if that person chooses to work, rather than collect freebies - as collecting freebies is looked at as making the White Man work for them.
So the whole system breaks down, as we’re seeing over in Europe. Back here in the US, we’ve always had blacks, but the moment we adopted a somewhat socialist model regarding ‘benefits’, blacks were the first ones to game the system and stop working (not all, of course, but a disproportionate amount). Now they have a lot of company thanks to LGB.
Bernie has a completely different understanding of what socialism is than a lot of us do. Basically, he thinks socialism is a welfare state. No. Socialism is when the government owns or controls the means of production.
https://en.wikipedia.org/wiki/List_of_countries_by_government_spending_as_percentage_of_GDP
going by government spending as a % of gdp then sweden is a fair bit more socialist than the US.
But imho this is mitigated a fair bit by the US practice of issuing “unfunded mandates” to the private sector. The US is certainly more socialist than it seems.
The only good think the Scandinavian countries have given the world is hot women. Aside from that, they really aren’t much.
Interesting article...
universal health care in socialist countries means you will be killed as you cost too much.