Alternate Reality

As the United States becomes more socialistic, the grandaddy of socialist nations, Sweden, owes its ongoing success to a gradual rejection of socialism:

In The Capitalist Welfare State, Lund University economist Andreas Bergh explains how Sweden has managed to increase economic productivity despite its large public sector.

Bergh says that despite popular mythology, Sweden is not a socialist success story but instead owes its economic growth to the lowered tax rates and deregulation of the early 1990s, which allowed innovation and investment to flourish. Bergh also discusses how Sweden’s national voucher program revitalized the country’s educational system and warns that Americans who are hoping to emulate Swedish success by growing the public sector are learning the wrong lessons from Sweden.

It’s not a capitalist haven, yet, but there’s a reason Sweden didn’t fail before Greece.

6 thoughts on “Alternate Reality

  1. Pingback: Tweets that mention Shot in the Dark » Blog Archive » Alternate Reality -- Topsy.com

  2. I find myself seemingly in agreement with AC.

    Hell must of just froze over or summink.

  3. Hell may have frozen over, but I’m sure it thawed out again in the 95 degree heat yesterday.

    Some of the best info I could find on Greece was of all place the American Heritage foundation’s web site. We all seem to be in agreement with AC.

    And what lovely weather for a little ‘AC’ cool breath of air right now, LOL.

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