ECN | 20 Aug 2016
Socialists everywhere and the likes of Bernie Sanders have constantly alluded to Finland, Sweden and Denmark has champions of Democratic Socialism. They have all claimed that these states are the best examples of how socialism can work, and that the United States must become like them.
But are these models of socialism really successful? Not necessarily.
Tom Woods recently had a very entertaining podcast that demolished the myth of Nordic Socialism. He had on Nima Sanandaji, who recently released his new book, “Debunking Utopia: Exposing the Myth of Nordic Socialism.” They discuss how economic freedom and free markets have helped the aforementioned nations.
If you want to shut up your hipster friends who think the world needs to be more like Norway then show them the video below.
Here are also other references you should check out in regards to this topic: