• nifty
    link
    108 days ago

    The Nordic model proves that you can have robust welfare states while engaging in free markets.

    China also shows that there’s some value to market socialism, but I am no economist so idk 🤷‍♀️

    Oligarchy-esque politics, monopolies, and favoring short term gains over long term benefits are the main issues currently, I think.

    I think many people would agree with welfare states like we have under the Nordic model, but many would not agree with Stalin-like Marxist-Leninism, or similarly extreme economic system.