Learn the differences between American Capitalism and Swedish Socialism. Sweden's economic and political model is often misunderstood, especially by Americans not familiar with social democracy. In this video, we present an unbiased comparison between American's economic model and Sweden's economic model, and let you decide for yourself which system you think is superior
An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
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Thursday, July 30, 2020
American Capitalism vs. Swedish Socialism? 🤔 You Decide 🇸🇪🇺🇸
In Sweden the income inequality is low, but wealth inequality is almost as high as the US. Why, because in Sweden they have an excellent welfare state and more people are prepared to take risks when starting a business? If it all goes wrong, you won't end up being thrown out into the street without any healthcare or income coming in. So, lots of entrepreneurs in Sweden. Sweden seems to have perfect balance between capitalism and socialism.
Learn the differences between American Capitalism and Swedish Socialism. Sweden's economic and political model is often misunderstood, especially by Americans not familiar with social democracy. In this video, we present an unbiased comparison between American's economic model and Sweden's economic model, and let you decide for yourself which system you think is superior
Learn the differences between American Capitalism and Swedish Socialism. Sweden's economic and political model is often misunderstood, especially by Americans not familiar with social democracy. In this video, we present an unbiased comparison between American's economic model and Sweden's economic model, and let you decide for yourself which system you think is superior
Tom says they've abandoned social democracy and embraced neoliberalism. Surely he wasn't being overly dramatic?
ReplyDeleteSweden has a better social safety net than Canada.
It says a lot in the video how Sweden has embraced neoliberal ideas, but I've read how this has hampered Sweden's economy.
DeleteThe usual criticism is that social democracy hampers an economy. This video has some of that in it. Until their unions are crushed, don't expect Sweden to follow the US down the drain.
ReplyDeleteOff-topic but interesting:
ReplyDeleteGreen Root Podcast
Episode #16: State of the Forest Address (with Tim Hermach of Native Forest Council)
https://youtu.be/h8CeSJ1iSLg