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Edwynn -> RE: Lawrence O'Donnell Responds To Glenn Beck: Were All Socialists Now (VIDEO) (11/12/2010 4:00:09 PM)
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quote:
ORIGINAL: subrob1967
I haven't seen a link showing me a country where socialism was successful, care to enlighten us?
Given the hair-trigger use of the term by many, essentially all developed or upper level economies other than the US.
Denmark and Sweden would be pretty close to that territory in any event, the former ranking just behind the US and UK in ease of doing business ranking and Sweden not far behind.
Sweden has a per capita GDP a bit below the US, much lower infant mortality rate, higher life expectancy, a net surplus current account balance, positive personal savings rate (US is negative in both), before the crash had a national budget surplus, sufficient parental leave where one can be at home with the child till kindergarten and both still keep the same jobs, etc.
Even with those high taxes they save much more than Americans, the single payer method for so many services greatly reducing the amount of disposable income that would otherwise be eaten up by individual per item purchases, leaving much more available for savings. Positive national savings means positive net exports.
It's hard to compare anything with recent data because of the turmoil, but prior to the crash most European countries were fairly economically successful and most any of them would be considered more socialist than the US.
There is no one -right- way to do it, despite some arguments claiming such, and European countries vary significantly from one to another even while being generally described as more 'socialist.'
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