Friday, November 12, 2010

The New Scandinavian Model

[In the 1970s, the Scandinavian or Swedish economic model was popular among leftwingers around the world. Today, in the aftermath of the global financial crisis, the Scandinavian model has achieved a new popularity but not with the left. Instead it is admired by the socially responsible, yet free-marketeering right.]

[The Scandinavian welfare state of the 1970s was utopian because it was impossible to finance. Its very populist idea was that the state should do ever more for the people without consideration of costs. But one of the outcomes was low growth from 1970 to 1993, accompanied by rising budget deficits.]

The New Scandinavian Model

ça vous rappelle quelquechose ???

crédit : @antagoniste_net

1 comment:

ModerneFusion said...

The scandinavians and the Swedes know how to manage their money.