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"I know that some people in the US associate the Nordic model with some sort of socialism. Therefore I would like to make one thing clear. Denmark is far from a
by wyager 10y ago
"I know that some people in the US associate the Nordic model with some sort of socialism. Therefore I would like to make one thing clear. Denmark is far from a socialist planned economy. Denmark is a market economy."
-PM Rasmussen, in response to American socialists incorrectly claiming that they were trying to emulate the Nordic model.
I'd also like to note that (probably as a result of their relatively high tax rate) the Nordic countries are not economic powerhouses. Places like Hong Kong or Switzerland, with relatively free markets and low taxes, are.
- socialist_coder 10y agoMy apologies, even I was confused at the terminology. Social Democracy vs Democratic Socialism. https://en.wikipedia.org/wiki/Social_democracy https://en.wikipedia.org/wiki/Social_democracy <-- The Nordic model. This what I would argue for, and when people say they want to emulate the Nordic model, this is what they mean. It's 100% a market economy, no one is advocating for a socialist planned economy. Regarding economic powerhouses, do we really need to make that the goal? Quality of life and sustainability should be the primary goal, not corporate growth and profits.