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According to most libertarians, socialism ends in disaster. Redistribution of wealth and high taxes destroy the incentive to contribute to civilization, thus leading to failure. However, what about the oft-touted "bumblebee economies" of Scandinavian countries? Scandinavian countries have incredibly...
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Those countries have the opposite of that austrianism prescribes: high taxes a lot of regulations and burocracy then how come they performed good?
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Many leftists often point to the "superiority" of Scandinavian "socialism." Leftists often use Denmark and Sweden as their examples, since they are the most successful Scandinavian nations. I already covered this issue in an earlier post , but I feel it is important to rehash this...