This is actually the way a society should be, not too much capitalism like in America or too much government control like in developing nations, a balance.
Nordic module is the best module that combine both capitalism and socialism and are able to achieve what both socialism and capitalism are not capable of..it's the most important aspect for all social democratic party.... having live under the social democratic government...I am not even care about socialism and capitalism
There is very few employment protections so people can be hired and fired easily. Couple this with a strong welfare state and these countries have a lot of highly educated and highly mobile, motivated people. They know their citizens are their GREATEST resource.
In America, we get corporate socialism. Just what's been spent on corporate welfare ($115 billion/year) and corporate bailouts over the last 15 years could've paid for everything but single payer healthcare. The $2.1 trillion a year cost of regulatory compliance produces no value for American consumers. The problem with Congress is that it's corrupt.
@@albertabramson3157 Hopefully things start changing soon. People are getting restless watching bailouts for the rich and powerful when we can't even afford basic necessities.
We Norwegians are succesful in spite of the massive taxation and wealth redistribution that hinders free people to make voluntary transactions between willing parties. The reason we are successful is because we have relatively low levels of regulations and therefore enjoy more of a pro-market economy.
In what way are Nowegians restricted from making voluntary transactions? Later in the comment you say market forces are strong. That couldn't be the case if Norwegians were somehow restricted or disallowed from making such transactions.
how the fuck people in charge of the goverment agree on that , damn. most goverment would just "hey Money! We are rich ,hahahhahhahahhahahhahahahah,spend spend spend!!we are rich!"
I guess they know what happens if they don't. We Nordics are quite docile creatures but only to a point. We have 2 gears, 1: lead peaceful life 2: go brutally violent, there is nothing between those 2. So, our history is quite bloody and our governments knows better than to piss the people off.
the only issue I have with Bernie is he sees a need to tax corporations more yet America already has a considerably higher corporate tax rate and even a higher level of various trade restrictions than that of the Nordic Model countries.
+MrJc9600 you may not, however this is not the Nordic Model hence he does not follow it. Tax exempt status and even corporate subsidy are instruments of a government involved in the economy (also not the Nordic Model). if you separated the free market from government involvement that 1 and 4 becomes 4 out of 4. Just saying. Not arguing or being nasty
+Doug Burnett If you take the govt out of the market, there is nothing to stop large corporations from creating a full scale monopoly on the economy. The middle class and small businesses will be crushed under their boot. Capitalism in its purest form has no middle class. I don't think he wants to raise corporate taxes, but he does want to prevent corporations from evading them. Taxes are the reason we have social security, medicare, public schooling, etc. Free market capitalism, just like full scale socialism, only work in theory. They are too easy corruptible by human greed.
+Doug Burnett Also, the Swedish corporate tax rate is only 4% lower on average than America's. The difference is that all of their corporations actually PAY their taxes, unlike in the U.S. where tax evasion is legal.
Actually all Nordic countries are more free than USA, even economy in Nordics is more free market than economy in USA. This is according indexes researching these things....
What freedom? Here in America, we are forced to work, or die. The only people who really benefit from the "freedom" you're talking about are the companies that are free to exploit the shit out of you for the lowest amount they can get away with paying you. What "freedom" do you think these people are lacking in??
Can someone from Scottland (or else where) please post the *complete* BBC documentary, "Our Friends in the North" here on TH-cam. Apparently BBC Scottland does not want anyone besides Scots to see their docs :(
The "Nordic model" cost Norway one third of the annual state budget. The same as buying 560 F-35 fighter planes, each year! Out of 3 million people between 18 and 67, almost 700 000 citizens live on welfare! Without the oil Norway would go bankerupt.
Where do you get those numbers from? I don't think they are correct. Then you can tell us what great contribution you have done to Norways economy....???
@@xpost9381 so only those who did great contributions to the country can tell facts? Try do your research and you will find the same numbers. Start with nav.no and SSB.no.
These are the numbers for Norway (total population is 5,3 million citizens): 348 800 people on disability benefits (290 000 without any work at all) 115 424 people unemployed due to healt issues 109 000 unemployed due to loss of work (60 100 without any work at all) 106 900 sickness benefits (man-years) 54 920 social welfare Official numbers are 674 000 total man-years of lost work due to health issues and unemployement in 2018 (not counting those with social welfare and parental benefits) In total 1,54 million Norwegians receive some kind of benefits in one year. The annual total fiscal budget for Norway is $151 billion. The cost of education, defence, transport & communication and health is $36 billion - combined. The cost of 700 000 people on welfare is $52 billion! So the "Nordic model" doesn't come cheap. Not only that, what would about 700 000 people do to the economy if they were working? Everytime I listen to these idiots I wonder if they're just ignorant or if they can't do simple math?
@@_Viking The money goes back to the economy. That disabled or unemployed person can satisfy their life needs by buying goods or services which is then taxed by sales tax or something else. The welfare allows the disabled and people of poor health live normal lives, otherwise they would suffer poor life conditions or their relatives would have to pay for their expenses which also decreases the buying power of the people. Now before you try to make a "fiscally conservative" point consider that Milton Friedman argued for a "negative income tax" which is essentialy the same thing but a different system.
This is actually the way a society should be, not too much capitalism like in America or too much government control like in developing nations, a balance.
we need a united scandinavia so we can spread the nordic model to the rest of the world!
Alexander Rose Thyren as long as the individual countries keeps their independence.
United Scandinavia within the EU
Yes I agree .I have lived in America for a long time and their healthcare and education systems are really screwed up.
Do you mean united Nordic not Scandinavia
So, new Kalmar Union?
Nordic module is the best module that combine both capitalism and socialism and are able to achieve what both socialism and capitalism are not capable of..it's the most important aspect for all social democratic party.... having live under the social democratic government...I am not even care about socialism and capitalism
There is very few employment protections so people can be hired and fired easily. Couple this with a strong welfare state and these countries have a lot of highly educated and highly mobile, motivated people. They know their citizens are their GREATEST resource.
.00:49 - 01:01 Well worded statement.
Any other Americans just watching with a sad sort of yearning?
We will have a social democracy one day too, it will just have to be over the graves of the boomers.
We are nearly there in the uk, already got some policies implemented
@@michaelfaber9587 I think UK is going to make U turn in these policies. Your current government doesn't really stand behind social democracy.
In America, we get corporate socialism. Just what's been spent on corporate welfare ($115 billion/year) and corporate bailouts over the last 15 years could've paid for everything but single payer healthcare. The $2.1 trillion a year cost of regulatory compliance produces no value for American consumers. The problem with Congress is that it's corrupt.
@@albertabramson3157 Hopefully things start changing soon. People are getting restless watching bailouts for the rich and powerful when we can't even afford basic necessities.
We Norwegians are succesful in spite of the massive taxation and wealth redistribution that hinders free people to make voluntary transactions between willing parties. The reason we are successful is because we have relatively low levels of regulations and therefore enjoy more of a pro-market economy.
In what way are Nowegians restricted from making voluntary transactions? Later in the comment you say market forces are strong. That couldn't be the case if Norwegians were somehow restricted or disallowed from making such transactions.
how the fuck people in charge of the goverment agree on that , damn. most goverment would just "hey Money! We are rich ,hahahhahhahahhahahhahahahah,spend spend spend!!we are rich!"
I guess they know what happens if they don't. We Nordics are quite docile creatures but only to a point. We have 2 gears, 1: lead peaceful life 2: go brutally violent, there is nothing between those 2.
So, our history is quite bloody and our governments knows better than to piss the people off.
Alaska could learn a lot from Norge.
Every nation should have as its role model
Bernie Sanders 2016
the only issue I have with Bernie is he sees a need to tax corporations more yet America already has a considerably higher corporate tax rate and even a higher level of various trade restrictions than that of the Nordic Model countries.
+Doug Burnett Considering that 1 in 4 corporations pay nothing in taxes, I see no problem with that.
+MrJc9600 you may not, however this is not the Nordic Model hence he does not follow it. Tax exempt status and even corporate subsidy are instruments of a government involved in the economy (also not the Nordic Model). if you separated the free market from government involvement that 1 and 4 becomes 4 out of 4. Just saying. Not arguing or being nasty
+Doug Burnett If you take the govt out of the market, there is nothing to stop large corporations from creating a full scale monopoly on the economy. The middle class and small businesses will be crushed under their boot. Capitalism in its purest form has no middle class. I don't think he wants to raise corporate taxes, but he does want to prevent corporations from evading them. Taxes are the reason we have social security, medicare, public schooling, etc. Free market capitalism, just like full scale socialism, only work in theory. They are too easy corruptible by human greed.
+Doug Burnett Also, the Swedish corporate tax rate is only 4% lower on average than America's. The difference is that all of their corporations actually PAY their taxes, unlike in the U.S. where tax evasion is legal.
No freedom. Too damned much gubbamint. No thanks.
Meanwhile, they had the freedoms to stay open during the pandemic and the US was forced to shut down.
@@hectorortiz5763 Not true.
Actually all Nordic countries are more free than USA, even economy in Nordics is more free market than economy in USA. This is according indexes researching these things....
What freedom? Here in America, we are forced to work, or die. The only people who really benefit from the "freedom" you're talking about are the companies that are free to exploit the shit out of you for the lowest amount they can get away with paying you.
What "freedom" do you think these people are lacking in??
Freer than the 45% of Maericans who can't afford a $500 surprise expense. Unfettered capitalism breeds inequality. Always has.
Can someone from Scottland (or else where) please post the *complete* BBC documentary, "Our Friends in the North" here on TH-cam. Apparently BBC Scottland does not want anyone besides Scots to see their docs :(
*****
Only works inside the UK. Echoing Howson: I would love to see this documentary.
The "Nordic model" cost Norway one third of the annual state budget. The same as buying 560 F-35 fighter planes, each year! Out of 3 million people between 18 and 67, almost 700 000 citizens live on welfare! Without the oil Norway would go bankerupt.
Where do you get those numbers from? I don't think they are correct.
Then you can tell us what great contribution you have done to Norways economy....???
@@xpost9381 so only those who did great contributions to the country can tell facts? Try do your research and you will find the same numbers. Start with nav.no and SSB.no.
These are the numbers for Norway (total population is 5,3 million citizens):
348 800 people on disability benefits (290 000 without any work at all)
115 424 people unemployed due to healt issues
109 000 unemployed due to loss of work (60 100 without any work at all)
106 900 sickness benefits (man-years)
54 920 social welfare
Official numbers are 674 000 total man-years of lost work due to health issues and unemployement in 2018 (not counting those with social welfare and parental benefits)
In total 1,54 million Norwegians receive some kind of benefits in one year.
The annual total fiscal budget for Norway is $151 billion. The cost of education, defence, transport & communication and health is $36 billion - combined. The cost of 700 000 people on welfare is $52 billion!
So the "Nordic model" doesn't come cheap. Not only that, what would about 700 000 people do to the economy if they were working? Everytime I listen to these idiots I wonder if they're just ignorant or if they can't do simple math?
@Stian Myrdal Laursen sure! So why don't you prove me wrong, smart ass.
@@_Viking The money goes back to the economy. That disabled or unemployed person can satisfy their life needs by buying goods or services which is then taxed by sales tax or something else. The welfare allows the disabled and people of poor health live normal lives, otherwise they would suffer poor life conditions or their relatives would have to pay for their expenses which also decreases the buying power of the people. Now before you try to make a "fiscally conservative" point consider that Milton Friedman argued for a "negative income tax" which is essentialy the same thing but a different system.