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Denmark’s state sector is responsible for 49% of GDP. That sounds a lot, but for the US the figure is 44%. Yet apparently the US is capitalist and Denmark someh
by simonh 6y ago
Denmark’s state sector is responsible for 49% of GDP. That sounds a lot, but for the US the figure is 44%. Yet apparently the US is capitalist and Denmark somehow isn’t.
Does Denmark not have Facebook, Google, Amazon, etc? I think so. Capitalism is so often invoked as a bogey man like this, but it’s a red herring. Denmark is about 5% less capitalist than the US.
On the other hand we get this from the right in the US too, as though e.g. universal Medicare would turn the US into a socialist state.
As a European (a Brit, and a broadly conservative one) the histrionic railing against capitalism I see from the US left, and against the evils of state socialism on the US right, are just so tiresome. The main problem is it obscures so much behind invective fluff.
- systemvoltage 6y agoSo many downvotes in this thread is an evidence of how divisive and unsubstantiated this topic has become. Everyone is rock solid in their opinions. No way to swing it. They’re subscribed to left mostly on HN but the right is exactly the same. No one has any sensibility and reason anymore. Echo chambers. I am flagging this nonsense thread.