- Oct 6, 2008
- 125,093
- 60,647
Pick up a newspaper once in a while, you dunce.
Scandinavia has move to more conservative practices....
"The Economist: The Nordic countries are reinventing their model of capitalism, says Adrian Wooldridge
Feb 2nd 2013|From the print edition
http://www.economist.com/news/speci...einventing-their-model-capitalism-says-adrian
- THIRTY YEARS AGO Margaret Thatcher turned Britain into the world’s leading centre of “thinking the unthinkable”. Today that distinction has passed to Sweden….Sweden has reduced public spending as a proportion of GDP from 67% in 1993 to 49% today…. It has also cut the top marginal tax rate by 27 percentage points since 1983, to 57%, and scrapped a mare’s nest of taxes on property, gifts, wealth and inheritance. This year it is cutting the corporate-tax rate from 26.3% to 22%.
- Sweden has also donned the golden straitjacket of fiscal orthodoxy with its pledge to produce a fiscal surplus over the economic cycle. Its public debt fell from 70% of GDP in 1993 to 37% in 2010, and its budget moved from an 11% deficit to a surplus of 0.3% over the same period.
- Most daringly, it has introduced a universal system of school vouchers and invited private schools to compete with public ones. Private companies also vie with each other to provide state-funded health services and care for the elderly….Sweden is pioneering “a new conservative model”…
- …Sweden’s quiet revolution has brought about a dramatic change in its economic performance. The two decades from 1970 were a period of decline: the country was demoted from being the world’s fourth-richest in 1970 to 14th-richest in 1993, …The two decades from 1990 were a period of recovery: GDP growth between 1993 and 2010 averaged 2.7% a year and productivity 2.1% a year, compared with 1.9% and 1% respectively for the main 15 EU countries.
- For most of the 20th century Sweden prided itself on offering what Marquis Childs called, in his 1936 book of that title, a “Middle Way” between capitalism and socialism…As the decades rolled by, the middle way veered left. The government kept growing: public spending as a share of GDP nearly doubled from 1960 to 1980 and peaked at 67% in 1993.
- Taxes kept rising. The Social Democrats (who ruled Sweden for 44 uninterrupted years from 1932 to 1976 and for 21 out of the 24 years from 1982 to 2006) kept squeezing business. “The era of neo-capitalism is drawing to an end,” said Olof Palme, the party’s leader, in 1974. “It is some kind of socialism that is the key to the future.”
- The other Nordic countries have been moving in the same direction,… Denmark has one of the most liberal labour markets in Europe. It also allows parents to send children to private schools at public expense and make up the difference in cost with their own money. Finland is harnessing the skills of venture capitalists and angel investors to promote innovation and entrepreneurship.
- But the new Nordic model begins with the individual rather than the state. It begins with fiscal responsibility rather than pump-priming: all four Nordic countries have AAA ratings and debt loads significantly below the euro-zone average. It begins with choice and competition rather than paternalism and planning.
- The leftward lurch has been reversed: rather than extending the state into the market, the Nordics are extending the market into the state.
- “The welfare state we have is excellent in most ways,” says Gunnar Viby Mogensen, a Danish historian. “We only have this little problem. We can’t afford it.”
- ….they have reached the future first. They are grappling with problems that other countries too will have to deal with in due course, such as what to do when you reach the limits of big government and how to organise society when almost all women work.
- … the new Nordic model is proving strikingly successful. The Nordics dominate indices of competitiveness as well as of well-being. Their high scores in both types of league table mark a big change since the 1980s when welfare took precedence over competitiveness.”
a. reduced public spending as a proportion of GDP
b. cut the top marginal tax rate
c. scrapped a mare’s nest of taxes on property, gifts, wealth and inheritance.
d. cutting the corporate-tax rate
e. pledge to produce a fiscal surplus
f. public debt fell from 70% of GDP in 1993 to 37% in 2010
g. budget moved from an 11% deficit to a surplus of 0.3%
h. a universal system of school vouchers
i. invited private schools to compete with public ones.
j. Private companies also vie with each other to provide state-funded health services and care for the elderly
the new Nordic model begins with the individual rather than the state.
That didn't even mention the counties I listed![]()
"That didn't even mention the counties I listed"
Really?
Did you write this?
"I'm sure that's what people said that Norway, France, Canada and the UK would look like too. Good thing they didn't listen to the wingnuts."
Did you read this?
- The other Nordic countries have been moving in the same direction,… Denmark has one of the most liberal labour markets in Europe. It also allows parents to send children to private schools at public expense and make up the difference in cost with their own money. Finland is harnessing the skills of venture capitalists and angel investors to promote innovation and entrepreneurship.
- But the new Nordic model begins with the individual rather than the state. It begins with fiscal responsibility rather than pump-priming: all four Nordic countries have AAA ratings and debt loads significantly below the euro-zone average. It begins with choice and competition rather than paternalism and planning.
- The leftward lurch has been reversed: rather than extending the state into the market, the Nordics are extending the market into the state.
- Can you read this?
- "The Nordic countries are a geographical and cultural region in Northern Europe and the North Atlantic, where it is most commonly known as Norden. It consists of Scandinavia and Finland. Or Denmark, the Faroe Islands, and Greenland - all these three are parts of the Danish Realm(Rigsfælledsabet) -, Finland and its autonomous regions, the Åland Islands, Iceland, Norway, and Sweden. "
- This hasn't been a good day for you, huh.
They were not mentioned in the cut-and-paste dump you posted.
The proof that I posted included this, you liar:
http://www.economist.com/news/speci...einventing-their-model-capitalism-says-adrian
- The other Nordic countries have been moving in the same direction,… Denmark has one of the most liberal labour markets in Europe. It also allows parents to send children to private schools at public expense and make up the difference in cost with their own money. Finland is harnessing the skills of venture capitalists and angel investors to promote innovation and entrepreneurship.
- But the new Nordic model begins with the individual rather than the state. It begins with fiscal responsibility rather than pump-priming: all four Nordic countries have AAA ratings and debt loads significantly below the euro-zone average. It begins with choice and competition rather than paternalism and planning.
- The leftward lurch has been reversed: rather than extending the state into the market, the Nordics are extending the market into the state.
- “The welfare state we have is excellent in most ways,” says Gunnar Viby Mogensen, a Danish historian. “We only have this little problem. We can’t afford it.”
- ….they have reached the future first. They are grappling with problems that other countries too will have to deal with in due course, such as what to do when you reach the limits of big government and how to organise society when almost all women work.
- … the new Nordic model is proving strikingly successful. The Nordics dominate indices of competitiveness as well as of well-being. Their high scores in both types of league table mark a big change since the 1980s when welfare took precedence over competitiveness.”
And, as I just proved, Norway is a Nordic country.
So....not only did I prove you to be ignorant....but a liar as well.
With those characteristics....you must be a Liberal, huh?
It didn't mention it specifically. Just Sweden and Denmark.![]()
No, you said this:
"I'm sure that's what people said that Norway, France, Canada and the UK would look like too. Good thing they didn't listen to the wingnuts."
And the Economist referred to Norway thus: Nordic countries.
You Liberals seem to feel you have the right to lie when it suits you.....
....you're abusing the privilege.