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> If I was wrong, the results, the economic standing, for all those nations I listed, wouldn't be so horrible. What you are saying about the economies of those
by TFYS 9y ago
> If I was wrong, the results, the economic standing, for all those nations I listed, wouldn't be so horrible.
What you are saying about the economies of those countries might be true, but it's not necessarily because they are worse at regulating capitalism. The effects of the Soviet Union, the size of the countries, language barriers, sanctions on Russia, problems with how the currency works, etc are enough to cause the things you mention even if they are better at making their markets more dynamic and competitive than the US. Countries with five million people like Norway, Denmark and Finland simply don't have enough people to have multiple strong industries simultaneously.