Trickster
Gold Member
Yes, both Sweden and Denmark were extremely free market oriented in the late 1800's and early 1900's which is when many of the larger companies were founded. Scandinavia also was not affected by the Great Depression However, it is important to note that most of the brands Sweden is famous for have left the country, neither IKEA nor Spotify have their HQ:s in Sweden anymore (I think H&M still is but they get special treatment by the government not to leave) and Denmark has a higher economic freedom index than the US. whereas Sweden has a lower corporate tax (or at least used to) than the US.AND...Sweden and Denmark are differentiated, in spite of their Scnadinavian commonalities, by the fact that Sweden is a land of HUGE corporations while Denmark is a land of smaller companies.