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So do you think this can be applied to say, D.R.Congo, Peru or India? There is a reason Scandinavian countries can have semi-socialistic governments. I have rep
by afsina 11y ago
So do you think this can be applied to say, D.R.Congo, Peru or India? There is a reason Scandinavian countries can have semi-socialistic governments. I have repeatedly say this: it is easy to play Socialism when your population is 1-10 million (All Scandinavian) , when you have natural resources (Norway) or high profit strong liberalized private industry (All). Clearly they will be tested by the coming crises such as emigration, declining prices of production and declining oil prices.
- ThomPete 11y agoThats not the point. The point is that re-distribution does not mean that you can't increase the wealth of everyone which was that intended claim my OP. Germany has a pretty big welfare state and are 80million people and they even had to take on eastern germany.
- ptaipale 11y agoThere are quite huge challenges in keeping the wealth of the nation with current redistribution systems in Nordic countries. Of course, Norway has oil, so selling it gives money. And Sweden has lots of old money, from the time when ball bearings were selling for good money while everyone else was at war, but it has fallen from the top place of the wealthiest nations where it was decades ago. Finland, on the other hand, is in deep trouble with the same model.
- fulafel 11y agoSo does it follow that they would be doing better with less redistribution? Finland has slow growth but still doing relatively well. And low (by EU standards) debt.
- ptaipale 11y agoWell, yes. There is currently a problem that economy is choking because the system has caused a massive loss of incentives to giving and taking employment. 10 % unemployment is not very good. And debt is not yet high but the debt growth is really really bad.