3 ms·
Ranking countries by "capitalism" is hard and kind of pointless. Sweden for example has no legally mandated minimum wage, which should make it more 'capitalist'
by dagw 5y ago
Ranking countries by "capitalism" is hard and kind of pointless. Sweden for example has no legally mandated minimum wage, which should make it more 'capitalist' than the US. It also has stronger unions and worker protection, which some people might argue makes it less capitalist. Sweden has (I believe) a much higher percentage of privately run high schools than the US (more capitalist), but free University education (less capitalist). Also the UK is in some ways 'less capitalist' then Sweden with its fondness for large government institutions like the NHS, while in Sweden health care is to much larger extent provided by private healthcare providers.