Badassbab on 15 August 2010
Numonex-
Actually if you look at the countries with the highest standards of living (Scandinavian nations such as Norway) they have a low unemployment rate, high standards of education and public services such as healthcare, high worker wages and benefits and low inflation. All the major natural resource industries are state owned but it has a thriving private sector. The only downside is the high cost of living and high taxes but that's surely a decent trade off.
