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In 2016, Democratic presidential candidate Bernie Sanders said in a debate that Denmark was a socialist country, which the United States should emulate. And it is common to hear statements from time to time that Denmark is in some way proof of how a soft socialism would work and that its progress is thanks to a generous State that distributes wealth through high taxes. In an index created by Yahoo Finance, which combined three other rankings measuring the quality of life of 165 countries, Denmark ranked first for its comprehensive social welfare system and high levels of economic security. So the questions are: Is Denmark really a socialist country? And why do Danes agree to pay high taxes?
Some sources of interest:
- CATO Institute (2015). The Danish Model - Don't Try This at Home
www.cato.org/e...
- Ministry of Foreign Affairs of Denmark. The Danish welfare state and why it is hard to copy
denmark.dk/soc...
- REALITIESOFSOCIALISM.ORG (2023). The Free Enterprise Welfare State
www.fraserinst...
Music:
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Artist: audionautix.com/
#economyanddevelopment #denmark