Money

Is Scandinavian ‘Socialism’ Really A Cause Of Happiness?

Written by Teunis Felter

According to the U.N., the happiest country in the world (excluding Disneyland, which isn’t a sovereign state) is the tiny Scandinavian country of Denmark. Norway and Sweden are close behind. Do these socialistic practices make Scandinavian people happy, or is there something about Scandinavians that allows socialistic practices to work? Scandinavian countries are socialistic, rather than socialist, because all maintain private ownership of productive assets. They all have high income tax rates, around 50-60% today, to promote massive social spending, but they aren’t truly socialist.

http://www.investors.com/politics/commentary/is-scandinavian-socialism-really-a-cause-of-happiness/

About the author

Teunis Felter

Teunis Felter has over 20 years experience as an author, editor, and scientist. When not exploring outside, he enjoys reading history, researching genealogy, and civilly discussing politics.