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Subj: Re: Socialism: Cure for America?
Posted: Thu Dec 10, 2009 at 11:52:57 pm EST (Viewed 582 times)
Reply Subj: Socialism: Cure for America?
Posted: Wed Dec 09, 2009 at 05:09:16 pm EST (Viewed 38 times)

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I just read this truly FASCINATING article about Sweden-

and it seems that in the early 90's they went through what appears to be the same exact (or close enough) economic crisis we are experiencing today. It lasted for 6-10 years before they finally got back on track and part of the reason is they became more socialistic in nature.

They also started started exporting a lot of stuff but I don't see that happening for America as we don't really produce anything that others want anymore other than tobacco (we don't even make TV's).

Socialism has become a dirty word these days with all of the inane Obama hatred, but it seems to have served Sweden, the most democratic country in the world, pretty well...

Food for thought.

First, I think it's great you found something you're interested in. I would offer a couple of cautions.

There are lots of different flavors of socialism and capitalism. I always laugh a little when people say we should be more socialist like Sweden. Of course they don't say we should be more socialist like Venezuela. Again, lots of different flavors.

Also, Sweden has moved somewhat in a more capitalist direction not a socialist direction, so the article is off there. Taxes have been lowered a little, they've deregulated some, etc.

Also, the article attributes Sweden's success to socialism. But of course, there are lots of other more compelling reasons Sweden is successful (generally free markets, property rights protections, highly educated workforce, etc.).

Finally, it is difficult to do in the US what Sweden does if for no other reason than the vast difference in size between the two countries.


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