3 ms·
Just FYI, the Nordic countries had been in a process of scaling back their welfare states considerably leading up to the financial crises and are still struggli
by ende 12y ago
Just FYI, the Nordic countries had been in a process of scaling back their welfare states considerably leading up to the financial crises and are still struggling to achieve sustainability (except Norway which has a mountain of oil).
It is the southern european states that have spent lavishly on behemoth welfare states that are struggling the hardest, forced into harsh austerity as a condition of bailout by wealthier states.
- xorcist 12y agoWell, it's all relative here. The welfare state has been getting slimmer over the past 20 years. But to understand what has changed, one needs to look at the details. It is mainly the work loss insurances that pays out over a shorter period out time. Defense spending is also continously down in all the mentioned countries. But investments in health care and education has paid off well during the same time period, and there is no democratic mandate to lessen it. Compared to the US it would still look like a socialist model. The southern countries (not states) have spent a lot of money, but not necessarily on classic social insurance systems, so I don't really think it compares. Their main problem is that their underlying economy was much too weak for what they've been spending.
- ende 12y agoSlimmer, but also just more efficient in some respects. The Nordic countries aren't afraid to experiment and innovate, which is perhaps the real Nordic model. Interesting that you take exception to my use of the word state. I generally regard the word interchangeable with any sovereign territory outside of a US context, as does much of the international relations field.