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by camgunz
1040 days ago
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There are large differences though. The US poverty rate is 2.5x higher than Denmark's (15% to 6%). Denmark's life expectancy is 6 years longer. The kinds of policies you'd need to close that gap in the US would be transformative. > When comparing two different economic systems, you tend to see differences on the order of "mass-famines" and "percentage of the population involved in subsistence farming". There are plenty of capitalist countries that do a lot of subsistence farming. |
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I disagree. When laid against things like the end of mercantilism, I don't think that qualifies as transformative.
I think the effects would look pretty much like the existing US system, because Denmark looks pretty close to the current US system by the standards we're talking about. If you want to argue they'd be fundamentally different, you can make a case, but I'd like to know why they would produce different results.
> There are plenty of capitalist countries that do a lot of subsistence farming.
Do you have some examples? The areas I'm aware of that practice subsistence farming, don't have a long history of leaving the means of production alone in private hands for very long.