The Nordic model is widely regarded as a benchmark.

[Pete7469]

.

Guys look, we’re posting on the internet...we don’t really need to be paranoid of retaliation, we can talk like smart adults do. We’re supposed to be intelligent beings, we stereotype, we profile, we use data and statistics to forecast and make projections...THATS WHAT WE DO.

I reserve the right to troll also.

It's really my only talent anyway.

 

[Wyatt earp]

A number of comparative studies of economic and social performance have ranked the Nordics high. A common finding of cross-country comparisons is that the Nordics succeed better than other countries in combining economic efficiency and growth with a peaceful labour market, a fair distribution of income and social cohesion. The model is pointed to as a source of inspiration for other people in their search for a better social and economic system. On the other hand, many observers around the world are amazed that “the bumble-bee can fly” – that the Nordic economies can prosper and grow in spite of the presumably weak economic incentives associated with high tax wedges, a generous social security system and an egalitarian distribution of income. Critics have been looking for inner contradictions in the model and they have questioned its sustainability. Some argue that the economic performance of the Nordic countries is simply a result of exceptional and temporary advantages, bound to disappear over time. This report deals with the Nordic model, the reasons why it has worked in the past, and the challenges it is being subjected to in the future. Present economic and social trends, including globalization and demographic change, pose significant challenges to the model as we know it. The model will remain viable and successful only if the challenges and the need for reform are understood – and if action is taken. THE NORDIC MODEL Embracing globalization and sharing risks Torben M. Andersen, Bengt Holmström, Seppo Honkapohja, Sixten Korkman, Hans Tson Söderström, Juhana Vartiainen

Tell us when the USA just becomes all white and the population of Vermont.

 

[BrokeLoser]

A number of comparative studies of economic and social performance have ranked the Nordics high. A common finding of cross-country comparisons is that the Nordics succeed better than other countries in combining economic efficiency and growth with a peaceful labour market, a fair distribution of income and social cohesion. The model is pointed to as a source of inspiration for other people in their search for a better social and economic system. On the other hand, many observers around the world are amazed that “the bumble-bee can fly” – that the Nordic economies can prosper and grow in spite of the presumably weak economic incentives associated with high tax wedges, a generous social security system and an egalitarian distribution of income. Critics have been looking for inner contradictions in the model and they have questioned its sustainability. Some argue that the economic performance of the Nordic countries is simply a result of exceptional and temporary advantages, bound to disappear over time. This report deals with the Nordic model, the reasons why it has worked in the past, and the challenges it is being subjected to in the future. Present economic and social trends, including globalization and demographic change, pose significant challenges to the model as we know it. The model will remain viable and successful only if the challenges and the need for reform are understood – and if action is taken. THE NORDIC MODEL Embracing globalization and sharing risks Torben M. Andersen, Bengt Holmström, Seppo Honkapohja, Sixten Korkman, Hans Tson Söderström, Juhana Vartiainen

Tell us when the USA just becomes all white and the population or Vermont.

BINGO!

 

[whitehall]

The U.S. cares for more illegal aliens than the combined population of those (formerly Nazi collaborating) former Vikings. You almost have to laugh that hypocrite left wing Americans were conditioned to hate big oil but they conveniently forget that Norway's economy depends on the exploitation of the North Sea oil fields.

 

[hjmick]

A number of comparative studies of economic and social performance have ranked the Nordics high. A common finding of cross-country comparisons is that the Nordics succeed better than other countries in combining economic efficiency and growth with a peaceful labour market, a fair distribution of income and social cohesion. The model is pointed to as a source of inspiration for other people in their search for a better social and economic system. On the other hand, many observers around the world are amazed that “the bumble-bee can fly” – that the Nordic economies can prosper and grow in spite of the presumably weak economic incentives associated with high tax wedges, a generous social security system and an egalitarian distribution of income. Critics have been looking for inner contradictions in the model and they have questioned its sustainability. Some argue that the economic performance of the Nordic countries is simply a result of exceptional and temporary advantages, bound to disappear over time. This report deals with the Nordic model, the reasons why it has worked in the past, and the challenges it is being subjected to in the future. Present economic and social trends, including globalization and demographic change, pose significant challenges to the model as we know it. The model will remain viable and successful only if the challenges and the need for reform are understood – and if action is taken. THE NORDIC MODEL Embracing globalization and sharing risks Torben M. Andersen, Bengt Holmström, Seppo Honkapohja, Sixten Korkman, Hans Tson Söderström, Juhana Vartiainen

Not a single piece of original content. Try reading the Board rules, thief.

 

[task0778]

Good post #138 by Azogthedefiler, odd name but he/she made some good points. One of which I thought is worthwhile to expand on:

"An honest discussion of the efficacy of government programs in the Nordic “socialist” countries would start by taking into account factors other than mere government control and redistribution."

The video discussion in the OP touches on this too, responsible and efficacious gov't that is also innovative and willing to adjust and adapt to make life better for their citizens. Certainly, these countries are democratically elected with factions from the Left and the Right, some more moderate than others but they do seem to be able to work out their differences and find common ground to move the country forward. Something I might add that we in the US haven't been too good at, almost from our nations' founding. Maybe it's because we are so much more diverse and larger, both in size and population, whereas the Nordic countries are smaller and more homogeneous and seem to get along a little better than we do. Most of the Scandinavians, indeed most Europeans, are more willing to work together I think than we are, we don't have the same sense of community that they do. And everyone is more willing to pay more for that, and I mean EVERYONE. None of this stuff where almost half the country pays no federal income taxes, and they all pay a VAT tax of around 25% on top of their state and local taxes. Try selling that over here, you just can't do the socialist policies they have without paying the cost, which they are willing to do but we are not. As they said in the OP's video, their gov'ts do not run up huge deficits and debt, they control their spending; they find ways to achieve better outcomes for everybody through the use of the private sector, and they look for ways to improve their global competitiveness. Hence, they have lower corporate taxes than we do even after Trump's recent tax cuts, and they don't have the regulatory burden on their businesses that we do. For a democratic socialist country, they have privatized a lot of things over there.

 

[Rustic]

LOL what a maroon. Your bitch got beat because she was the worst candidate in history.

No, she won by 3 million votes. She lost because our archiac system designed by slave rapists didn't function as designed.

Na, not really
More people voted for the conservative/libertarian side, The electoral college worked perfectly
Donald J. Trump Republican 62,980,160
Hillary R. Clinton Democratic 65,845,063
Gary Johnson Libertarian 4,488,931
Jill Stein Green 1,457,050

 

[Rustic]

Illegal alien votes do not count.

Good thing that didn't happen, then.

Nope sorry, she didn't. The "popular" vote isn't they way Presidential elections are run or have ever been run. You just need to whine about something.

In a Democracy the people decide. the people said "No" to Trump. Pretty decisively.

We don’t want a shit eating democracy, we are a republic...
The electoral college works perfectly

 

[Rustic]

From someone smarter than me:

Norway has 5.2 million people; Finland has 5.5 million; Denmark has 5.7 million; Sweden has just under 10 million. This is fewer people than the population of the state of Texas. Wealth creation in Nordic countries long predated the advent of nationalization and socialist enterprise; so did income equality. And state ownership of enterprise in Nordic countries does not mean that those enterprises run along the anti-profit lines that democratic socialists tend to favor; precisely the opposite. It would be more apt to call Nordic ownership of assets a model of state-run capitalism than of socialism per se.

But the most irritating aspect of the Left’s new addiction to Nordic “socialism” is that it causes us to ignore the actual conditions under which Nordic programs flourish — conditions that we would do well to actually mimic. The major advantage held by Nordic countries is a cultural focus on education, law-abiding behavior, and hard work.


The crime rate in the Nordic countries is exceedingly low, and it has been for generations. Every single Nordic country except Iceland ranks below the OECD average in terms of single-parent households, and well below the United States. Nordic countries have long been linked with a strong work ethic, thanks in part to geographic difficulties that require long hours. As Nima Sanandaji writes, “High levels of trust, a strong work ethic and social cohesion are the perfect starting point for successful economies.” Of course, socialist welfare schemes tend to undermine both family relations and work ethic, and Norway has been facing serious problems with people opting out of work. (“This is an oil-for-leisure program,” Norwegian economist Knut Anton Mork told the New York Times a decade ago.)

Then there are the institutional differences that aren’t discussed all that often.

Oren Cass points out, “[Denmark and Sweden] don’t require workplace elections, good-faith bargaining by employers, or compulsory dues payments; yet a majority of workers are union members.” To achieve the same level of unionization in the United States would require heavy government restrictions on business, because the Nordic model is so different.

A major factor in the success of the Finnish school system, for example, is largely ignored by the American Left: Half of Finland’s students opt for vocational schools, meaning that Finnish education focuses more on job skills than on general education. That’s why 14 percent of degrees earned in Finland are in STEM fields and 18 percent are in the liberal arts, as compared with 8 percent in STEM and 38 percent in the liberal arts in the United States. The conditions in which Nordic unions thrive are similarly ignored by American liberals: So many Nords belong to unions because those unions work cooperatively with employers and the government, instead of in the adversarial mode employed by their American counterparts. As Oren Cass points out, “[Denmark and Sweden] don’t require workplace elections, good-faith bargaining by employers, or compulsory dues payments; yet a majority of workers are union members.” To achieve the same level of unionization in the United States would require heavy government restrictions on business, because the Nordic model is so different.



In short, many of the ideas that make Nordic social programs effective operate in a different context than that of the United States. To take those programs out of their context and plop them down in the United States would be, in many cases, to ignore just why they worked in the first place. An honest discussion of the efficacy of government programs in the Nordic “socialist” countries would start by taking into account factors other than mere government control and redistribution.

...and it’s irrelevant what they do over there, there is no interest here for what they have over there.

 

[Brain357]

The Nordic model is way better than our current corporatism.

 

[Rustic]

The Nordic model is way better than our current corporatism.

It’s irrelevant, It will not work over here. Anyway, most Americans don’t want anything to do with that horseshit...

 

[Brain357]

The Nordic model is way better than our current corporatism.

It’s irrelevant, It will not work over here. Anyway, most Americans don’t want anything to do with that horseshit...

A more efficient capitalism is horseshit? Funny.

 

[Brain357]

Yeah sounds aweful:
Here's why Nordic governments are WAY ahead of the rest of the world
If you had to boil down the difference between the United States and the Nordic countries to a simple phrase, one way to say it might be: The United States has an unfair tax system and big government, while the Nordic countries have a fair tax system and smart government.

 

[percysunshine]

The Nordic model is way better than our current corporatism.

I guess you have never heard of Statoil...oops...Equinor

 

[Rustic]

Yeah sounds aweful:
Here's why Nordic governments are WAY ahead of the rest of the world
If you had to boil down the difference between the United States and the Nordic countries to a simple phrase, one way to say it might be: The United States has an unfair tax system and big government, while the Nordic countries have a fair tax system and smart government.

“Smart” government?

Best joke I’ve heard all day

 

[WillMunny]

A number of comparative studies of economic and social performance have ranked the Nordics high. A common finding of cross-country comparisons is that the Nordics succeed better than other countries in combining economic efficiency and growth with a peaceful labour market, a fair distribution of income and social cohesion. The model is pointed to as a source of inspiration for other people in their search for a better social and economic system. On the other hand, many observers around the world are amazed that “the bumble-bee can fly” – that the Nordic economies can prosper and grow in spite of the presumably weak economic incentives associated with high tax wedges, a generous social security system and an egalitarian distribution of income. Critics have been looking for inner contradictions in the model and they have questioned its sustainability. Some argue that the economic performance of the Nordic countries is simply a result of exceptional and temporary advantages, bound to disappear over time. This report deals with the Nordic model, the reasons why it has worked in the past, and the challenges it is being subjected to in the future. Present economic and social trends, including globalization and demographic change, pose significant challenges to the model as we know it. The model will remain viable and successful only if the challenges and the need for reform are understood – and if action is taken. THE NORDIC MODEL Embracing globalization and sharing risks Torben M. Andersen, Bengt Holmström, Seppo Honkapohja, Sixten Korkman, Hans Tson Söderström, Juhana Vartiainen



https://economics.mit.edu/files/5726

Mod Edit: Supplying a link to the textual material that may be subject to copyright. Contact moderation if it's not correct. BILLSANDS New members may and should post links for copyright after they reach their qualifying post limit.

That's because Coward Continent countries don't have to spend much money on defense, because they are under the protection of the US military. So that frees up more of their budgets to spend on social programs. In other words, they achieve this social model on OUR tax dollars and parasites don't impress me. And the Islamic human condom Coward Continent has always been the the constant, habitual ingrate, spoiled-brat, backstabbing parasite on this country. Ohhh, how I detest Eurocuckolds and their attitude (said attitude inserted by a proctologist). Hate them, hate them, hate them with every quantum of my yankee-doodle-soul.

 

[ErikViking]

What is most unfair when comparing larger countries or even unions (USA) is that all countries are small, more comparable to a (smaller) state within the US. It’s much easier to create solidarity.

The Nordic countries are also quite diverse in some respects:

Iceland NATO, WWII DANISH
Norway NATO, WWII ALLIED
Sweden EU, WWII NEUTRAL
Finland EU, EUROZONE, WWII AXIS
Denmark NATO, EU, EEC, WWII ALLiED

All: SCHENGEN, NORDIC COUNCIL

(Greenland, Faroe Islands and Åland are automous regions with own representation amongst Nordic countries.)

There is of course a sense of brotherhood - but the countries are different.

 

[Brain357]

The Nordic model is way better than our current corporatism.

I guess you have never heard of Statoil...oops...Equinor

What about it?

 

[Brain357]

Yeah sounds aweful:
Here's why Nordic governments are WAY ahead of the rest of the world
If you had to boil down the difference between the United States and the Nordic countries to a simple phrase, one way to say it might be: The United States has an unfair tax system and big government, while the Nordic countries have a fair tax system and smart government.

“Smart” government?

Best joke I’ve heard all day

We sure don't have it, but we need it.

 

[percysunshine]

The Nordic model is way better than our current corporatism.

I guess you have never heard of Statoil...oops...Equinor

What about it?

Do you have some private definition of the word 'corporatism'?