I understand all of those and disagree with your assessment that the Nordic model is workable.
Not workable? When you look at the purchase parity average incomes, it is far more workable than what we have. Look at Iceland how well they handled the banking finance crisis or Finland Far better than the more capitalist countries of Europe like Germany or France. Compared to the Mediteranean sphere of the EU, capitalism there has been an unmitigated disaster.
American conservatives like to promote Venezuela as the epitome of socialism, but never bring up Greece or Argentina.
First of all, the most populace of those countries has the population approximately that of Minnesota...The most "successful" -Norway- has the nationalized North Sea oil patch to support its gigantic welfare state.....Sweden has run out of things to tax and its politicians have run out of free shit to bribe the masses with, in order to get elected.
Top 20 nations ranked by Nominal average incomes.
Iceland 61,787 90,662
Switzerland 62,283 88,159
Luxembourg 63,062 71,710
Norway 51,212 65,786
Denmark 51,466 65,674
Australia 49,126 61,620
United States 60,558 60,558
Ireland 47,653 53,112
Netherlands 52,877 52,705
Canada 47,622 50,033
Belgium 49,675 49,419
Austria 50,349 48,306
Sweden 42,393 47,783
New Zealand 40,043 46,917
Finland 42,964 46,772
United Kingdom 43,732 45,280
Germany 47,585 44,466
France 43,755 42,410
Israel 35,067 42,378
Japan 40,863 38,234
So, yeah, Norway has North Sea oil, but little Denmark has no huge natural resources, and yet performs almost as well as Norway does.
All the Nordic model nations are in the top 20 while many capitalist nations did not make the list at all. The worst, Finland, still did better than the UK, Germany orFrance and Japan.
The evidence suggests that Nordic model socialism works much better than capitalism on the average.
Laissez-faire brough Murica from near bankruptcy to its position as the globe's economic superpower in about a century....It's the ONLY way out now.
Lol, no, I disagree. Androids with Strong AI are coming out soon, and costs are estimated at around $2k per android.
As labor markets collapse slowly over the course of ten to twenty years, Nordic Model Socialism will stand out as the most humane and successful economic system by far as it does already.