The left loves to trumpet the Nordic countries as socialist success stories. But as Dane, Otto Brons-Petersen explains, they couldn’t be more wrong. In some ways Denmark is less socialist than is the United States. I like to call the Nordics, cuddly capitalist countries. They’re private sector is free market capitalism, but they pay very high taxes to maintain the socialist type safety nets.
But Petersen explains that as we in the U.S. march further toward socialism, Denmark is fast rejecting it, returning things like social security to the private sector.
Enjoy this episode of Prager University: Is Denmark Socialist?