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And this is why Sweden has a more creative economy than the US. The state takes a bit more from the rich so that those at the bottom have at least, decent hous
by entropicgravity 4y ago
And this is why Sweden has a more creative economy than the US. The state takes a bit more from the rich so that those at the bottom have at least, decent housing, health care, nutrition and education.
In a capitalist system the top 10% will always be richer and the bottom 10% will always struggle. And this would still be true even if a magic genie came a long and made everyone ten times smarter.
This isn't a knock on capitalism. Capitalism scales where many other systems don't. (I'm looking at you communism.)
- thehappypm 4y agoBy what measure is Sweden more creative? The US is the cultural capital of the West, Hollywood, art, music..
- busterarm 4y agoAsk any Swede. Sweden is a capitalist country. They have social programs. They used to have a Socialist economy for a few decades but famously abandoned it in the early 90s after finding that their GDP had remained completely flat and their citizens went through crazy lengths to avoid tax (e.g. ABBA and their wardrobes) Comparing Sweden as an opposing choice to Capitalism doesn't make any sense.
- ffggvv 4y agoyeah except any innovation in last 50 years was in america not sweden. though i guess you guys have spotify and notch. (that was sweden right)