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This model works well in countries that already have the wealth to support it, usually from spending centuries colonizing other countries and sucking them dry.
by bsza 3y ago
This model works well in countries that already have the wealth to support it, usually from spending centuries colonizing other countries and sucking them dry. It doesn't work quite as well in the countries that had been colonized.
- slushh 3y agoWhy? From a cash flow perspective, the monthly insurance premiums should cover the expenses.
- sleepyhead 3y agoSorry to break your bubble but most European countries did not colonise other countries. The most successful ones, Scandinavian countries, did not colonise other countries (well they did internally but not the same way as England and France for example). If you look to Norway we had a social democratic system before we gained the majority of wealth (aka oil).
- bsza 3y agohttps://en.wikipedia.org/wiki/Swedish_overseas_colonies https://en.wikipedia.org/wiki/Swedish_overseas_colonies https://en.wikipedia.org/wiki/List_of_possessions_of_Norway https://en.wikipedia.org/wiki/List_of_possessions_of_Norway https://en.wikipedia.org/wiki/Danish_overseas_colonies https://en.wikipedia.org/wiki/Danish_overseas_colonies
- consilient 3y agoScandinavian countries did not establish successful profitable colonies (except perhaps Iceland, if you want to count that). It's ambiguous enough whether the average Briton really benefited from their colonial adventures: the Scandinavian peasantry clearly did not. Finland in particular was an impoverished backwater until the early 20th century.
- xg15 3y agoDepends. A lot of the former colonies attempted more collectivist policies but were prevented from doing so by their former colonizers (or other rich countries). https://en.wikipedia.org/wiki/1973_Chilean_coup_d%27%C3%A9tat https://en.wikipedia.org/wiki/1973_Chilean_coup_d%27%C3%A9ta... https://en.wikipedia.org/wiki/Fran%C3%A7afrique https://en.wikipedia.org/wiki/Fran%C3%A7afrique