mrstickball said:
That, and the fact that labor mobility and rights are far more lax in Denmark. Like I've been saying: You can raise taxes back to 1960, if you roll regulations back to 1960. Otherwise, if you simply raise taxes, our economy is going to collapse, because there'll be no incentive for local production. |
Denmark really is one of the more intrueing countries in the world for sure.
it's funny when I see people argueing the Denmark system without really knowing how it works.
Reminds me of when Krugman kept praising Iceland's handling of the economy for it's stimulus measures... when if you ask Iceland what saved them, it was that they didn't bail out their banks.
Denmark is an extremely fiscally conservative minded society that also happens to believe in high collectivism. It's funny how not many people can realize that can be a held position.
As great ad the Denmark system works though... it seems to largely work as a byproduct of their culture. I can't see it actually being a reproduceable model outside of Scandanavia.
Hell France tried it once, didn't work in france.
