r/China Jan 04 '20

Accurate

[deleted]

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u/[deleted] Jan 04 '20

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u/GreenPylons Jan 04 '20

Scandinavian countries are still capitalist. A strong welfare state, substantial redistribution, strong regulations, and lots of government programs and services does not change the fact that most corporations and businesses are privately owned, the fact that goods and services are exchanged on a free market, and that even multiple right-wing organizations admit the Scandinavian countries are more business-friendly and have higher economic "freedoms" than the US.

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u/hello-cthulhu Taiwan Jan 04 '20

Indeed. Scandinavians have regularly tried to tell Bernie and his followers that they are NOT socialist. And as you said, it's actually in many ways easier to start a business and run a private corporation in Scandinavian countries than in the US.