Scandinavia is not a socialist triumph

In this article, Shrey argues that the Scandinavian countries are not the socialist utopias that many in American politics purport. Rather, Sweden, Denmark, and the other Scandinavian countries, although mixed with capitalistic and socialistic ingredients, are ultimately success stories of capitalism.

Shrey's Notepad: The Quest for Knowledge

Sorry, socialists; Scandinavian success isn’t your trump card.

While Scandinavia has emerged as one of the world’s leaders in terms of how to run an economy, many advocates of socialism claim that its success is down to large numbers of socialist economic principles. This fanciful perception could not be any more untrue; in fact, the Scandinavian countries extol the virtues of the capitalist economic ideology more than anything else. The fact that even figures such as Senator Bernie Sanders, who claimed that America should look to countries “like Denmark, like Sweden and Norway” for their purported socialist beliefs, believe this woeful and misguided claim, comes as a shocking challenge to the belief that socialism in itself cannot bring about economic prosperity. In theory, this is all well and good: differing ideas are needed to promote healthy, beneficial economic debate which allows countries to further develop. Despite this, when one side of the argument persists with making claims…

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