Germany wasn't the only successful example of a "social market" system: most of Scandinavia did essentially the same thing, combining a competitive private sector with generous public assistance programs. The only major difference is that countries like Sweden were more willing to use active macroeconomic policy to smooth out the bumps.
the tax rates in places like sweden were punitive one year ingmar bergman the famouus movie director paid 103% income tax..thats insane and thats what killed swedens socialist experiment since the mid 90s sweden has lowered tax rates and becoome much more market friendly
They cut out a few excesses with the tax system but the Swedish welfare state remains extremely generous.
Anybody who claims that modest tax increases on America's wealthy (or slightly more generous social safety nets and union contracts) would implode the US economy has clearly not done much factual and historical research.
@ComradeSephiroth --wealth distribution in the form of redistributing taxes may work in Sweden because you have a mostly (you better keep it) homogeneous society. In multiracial societies with a large black populace such schemes do not work. The end result is injustice, what we have now, in which whites pay for the free living of a large segment of the black population. Multiracial socities dont work.
@Gravelandart As far as I can tell, pre-Reaganite America did just fine despite high marginal taxes, powerful private-sector unions and CEO pay less than 40x the median worker's pay. If there's a scheme that has failed America, that scheme is the post-Reaganite economic paradigm.
'As far as I can tell, pre-Reaganite America did just fine'
Redundant comment from thereon.
Clearly you need to look at the statistics for the 70s in the Britain and the US. What you need to know is that you have been indoctrinated, almost certainly to a perverse degree, in that you overrate the success of Socialism and giving trade unions the power to increase unemployment for their profit, and that you call Reaganism an exemplary free market when interest rates were still effectively fiat.
see!? it was free market but had a social element the third way and it SI the best way.
billyysands 2 years ago
Germany wasn't the only successful example of a "social market" system: most of Scandinavia did essentially the same thing, combining a competitive private sector with generous public assistance programs. The only major difference is that countries like Sweden were more willing to use active macroeconomic policy to smooth out the bumps.
ComradeSephiroth 3 years ago 2
the tax rates in places like sweden were punitive one year ingmar bergman the famouus movie director paid 103% income tax..thats insane and thats what killed swedens socialist experiment since the mid 90s sweden has lowered tax rates and becoome much more market friendly
billyysands 2 years ago
They cut out a few excesses with the tax system but the Swedish welfare state remains extremely generous.
Anybody who claims that modest tax increases on America's wealthy (or slightly more generous social safety nets and union contracts) would implode the US economy has clearly not done much factual and historical research.
ComradeSephiroth 2 years ago
@ComradeSephiroth --wealth distribution in the form of redistributing taxes may work in Sweden because you have a mostly (you better keep it) homogeneous society. In multiracial societies with a large black populace such schemes do not work. The end result is injustice, what we have now, in which whites pay for the free living of a large segment of the black population. Multiracial socities dont work.
Gravelandart 1 year ago
@Gravelandart As far as I can tell, pre-Reaganite America did just fine despite high marginal taxes, powerful private-sector unions and CEO pay less than 40x the median worker's pay. If there's a scheme that has failed America, that scheme is the post-Reaganite economic paradigm.
ComradeSephiroth 1 year ago
'As far as I can tell, pre-Reaganite America did just fine'
Redundant comment from thereon.
Clearly you need to look at the statistics for the 70s in the Britain and the US. What you need to know is that you have been indoctrinated, almost certainly to a perverse degree, in that you overrate the success of Socialism and giving trade unions the power to increase unemployment for their profit, and that you call Reaganism an exemplary free market when interest rates were still effectively fiat.
Nintendomanwill 1 year ago 3
thanks
davidmesaaz 4 years ago
Awesome, thanks for uploading!
cp225 4 years ago