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Nordic countries aren't socialist, they are regular market economies with high taxes. Those high taxes go towards healthcare for all, and a larger safety net.
by throwGuardian 7y ago
Nordic countries aren't socialist, they are regular market economies with high taxes. Those high taxes go towards healthcare for all, and a larger safety net.
Quoting Denmark's PM [1]:
> 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.
[1]: https://www.thelocal.dk/20151101/danish-pm-in-us-denmark-is-not-socialist https://www.thelocal.dk/20151101/danish-pm-in-us-denmark-is-...
- codyb 7y agoCertainly, but I think that Nordic model is sort of the aim. It provides socialism for essentials and capitalism for the rest with a relatively libertarian approach to personal beliefs. I know it’s my preferred model.