leonine
Posts: 409
Joined: 11/3/2009 From: [email protected] Status: offline
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Economics for the last 20 years has been dominated by the neolib concensus that the secret of prosperity is small government, low taxes and minimal public services. It may lead to some individual hardship, we've been told, but it's worth it for the wealth that will be created by the flourishing private sector. We all know how great that's working out for the US and UK, but it's worth also looking at the flip side, the nations that have been doing the exact opposite: high taxes, high regulation, cradle-to-grave tax-funded welfare. According to the neolib model, this should produce a population of spineless dole-suckers and a business sector crushed by the dead hand of the state. Ever since the crash that we're not supposed to call a crash, I've been moving all I can of my business to Denmark and Sweden, for the simple reason that that's where people still have money. So it was interesting to have confirmation that it's not just my impression: http://www.businesszone.co.uk/blogs/sean-farrington/sean-farrington-uk-md-rvp-northern-europe-qliktech/silicon-scandinavia-why-are?ref=ukbf Not that politicians are ever going to do anything like, you know, copy what works. But next time someone tells you that we don't want a Swedish-style state, ask them why not?
< Message edited by leonine -- 9/2/2013 4:39:22 AM >
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Leo9 Gonna pack in my hand, pick up on a piece of land and build myself a cabin in the woods. It's there I'm gonna stay, until there comes a day when this old world starts a-changing for the good. - James Taylor
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