I've seen a number of articles lately (like this) saying that the situation in Greece demonstrates that the European model of socialism is unsustainable, often implying that this means we should stop aspiring to it ourselves.
These articles focus on Greece, and also cite in passing other European countries such as Italy, Germany, France and Britain.
But I have never seen any of them mention any Scandinavian countries.
Scandinavia is most often held up as the very best example of European socialism, where the concept works better than anywhere else. But I haven't heard anything about how they're doing in this economic crisis. I know something serious happened in Iceland, which I think was related to the kinds of bad debt investments that triggered this whole thing, but I haven't heard anything about any of the other Scandinavian countries.
So how are they doing up there? And why are our media never using them as an example of anything?
2 comments:
Because it would ill serve the points they wish to make and the arguments they seek to strengthen.
I was going to say exactly what Oona said.
Plus no one has actually proved Greece's system is/was unsustainable. It's unsustainable for bank bailouts and tax-free corporations. You'd have to change the top before declaring that the bottom can't work.
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