Sure, the Scandinavian system who made several relatively rich countries is deeply flawed. I think the cold war created a unhealty general view on socialism. D

Sure, the Scandinavian system who made several relatively rich countries is deeply flawed. I think the cold war created a unhealty general view on socialism. Distributing wealth equally seems to work very well for many countries, including Denmark, Norway and Sweden. I lived in Switzerland for two years where they are very liberal, but still it felt like that the middle class was large and rather healthy. Having a large, rich middle class is far better for the economy than having a small portion of super rich people and many people who can barely afford living, like in the US. This have the two following bad economic effects: Large savings for the few rich people and no purchasing power for the masses, effectively killing many businesses. Also, its far better to have people on welfare spending money locally than having people so poor that they can't afford food and living. I think Denmarks largest economic problem is that lack of Venture Capital. With companies such as Podio and Zendesk showing up, I think this is just a matter of time. Recently the Government made initiatives to invest in new companies with growth potential, which hopefully creates a better environment for start ups interested in growing.