No, not this Swedish model,
the socialist economic model, instead.
Socialists sooner or later bring up the exemplary Nordic economies when one talks about the failures of Communism; in my case, when I post on Latin America.
For instance, just this week,
— DangerAngel (@Dangerangel) August 7, 2015
That person assumes I have ignored Scandinavia. I don’t know about “the right” in general, but after hearing for decades how the Scandinavian models would work, today I’ll look at three factors:
- Taxes and spending
- Work ethic
- Rule of law
Each of those factors explain why a Scandinavian economic model can’t work in Latin America.
Taxes and spending: