Yes, they’ve somewhat tamed their capitalism with a lot of social safety nets and regulation, for now.
Don’t get me wrong - I’m in favor of moving in that direction in the US. I want more regulation and stronger social safety nets. I just don’t believe that a core of Capitalism is a requirement or even the ideal starting point. I also don’t believe it deserves the reverence it gets.
Look at the scandinavian countries. Arguably the best example of how to do capitalism, regulation and socialism. Seems to work out for their citizens.
Yes, they’ve somewhat tamed their capitalism with a lot of social safety nets and regulation, for now.
Don’t get me wrong - I’m in favor of moving in that direction in the US. I want more regulation and stronger social safety nets. I just don’t believe that a core of Capitalism is a requirement or even the ideal starting point. I also don’t believe it deserves the reverence it gets.
As someone living in Scandinavian countries, it’s not as pretty as it seems on the surface
Abolish capitalism
So the best way to do capitalism is to have less of it than other nations