this post was submitted on 17 Dec 2023
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Why don't you take a list of countries by quality of life from some point in the past decade or two, and see which nations seem to always top it.
Spoiler: they're the ones with hybrid economies and highly regulated markets.
Do you not know what a "mixed economy" is? Did you even look at a list? Denmark, Norway, Sweden... You think these are "capitalist free-market countries"and that's why they top the list?
The reason those countries are at the top of the list for quality of life is because they have regulations on their markets, and robust social safety nets.
Maybe actually do a few minutes of honest, open minded research about quality of life.
For fuck sake. I will repeat my question:
Do you not know what a mixed economy is?
Because no, they are not purely "capitalist free market economies." At all.
Perhaps that bit isn't covered in the one book you've read?
The fuck does that even mean?? Assuming you're just too embarrassed to ask, I'll lay it out for you:
Those Scandinavian countries have mixed economies. The "mixed" in there is referring to a combination of market capitalism and socialism.
https://en.wikipedia.org/wiki/Mixed_economy
The markets are highly regulated. Many services that are run by private enterprises in the "free market capitalism" that you're referring to (i.e. Laissez-faire) are instead nationalized, removing the profit motive from services that improve the lives of every citizen. They have very strong social safety nets and universal health care.
It's no coincidence that those nations consistently top those lists.
You know, there was an entire comment after that part that you just completely ignored. Wonder why.
No worries, I don't think I even saw them.