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by cronopios 2251 days ago
Scandinavian countries didn't bankrupt. Rather the opposite.
1 comments

Scandinavian countries are an interesting example. For example, they heavily tax their middle class, are quite business-friendly and have no required minimum wage. But as you are alluding to, they do get away with a high GDP per capita despite a higher tax burden. I think the Scandinavian-modeled state would not look like what pro-social safety net Americans would expect. But again, would love to see the experiment played out.