Tuesday, May 24, 2016

Scandanavia is not socialist

Scandinavians experimented with actual socialism decades ago, but realized that they liked to eat and keep the lights on. As Johan Norberg recently wrote for Reason, "Being more like modern Sweden actually means deregulation, free trade, a national school voucher system, partially privatized pensions, no property tax, no inheritance tax, and much lower corporate taxes." Yes, they have generous welfare states compared to the American version, but those rely on free economies to function—and they're shrinking under the pressure of economic reality.


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