Originally Posted by
Type Ryan
Been trying to wrap my head around the concept of democratic socialism (social democracy) and
thought this was a good read. If anyone finds anything better, don't be afraid to share. The political/economic system we have today is absolutely broken and needs to be fixed. If Scandanavian countries are consistently rated among the happiest in the world, and are socially democratic societies, then maybe it's not such a bad thing? Granted their small size affects their rating, but I imagine the policies they have in place are also a big factor.
There is no blanket "socialism" or "capitalism" in real world economics. There are always shades and degrees. The Nordic models are more socialistic for example, we are pretty far on the side of capitalism. They both have pitfalls, but what is the optimal balance should change in relation to technology, demographics, and morals. While a more capitalistic lean might have worked in the past, modern technological advances removing sections of our job force combined with a sense of entitlement to bend laws by the super rich are pretty much forcing our hand towards a more socialistic system then we currently have.
Check out Mr. Businessman
He bought some wild, wild life
On the way to the stock exchange
He got some wild, wild life
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