No, this is a capitalist welfare state with a thriving and very large private sector.
We can blame the Tea Party for the latest spate of confusing the existence of social services (that one is not directly benefiting from) with "socialism" in the US, but people like F. A. Hayek were pointing out the difference between Scandinavian welfare systems and actual socialism (and how it's rather less friendly to start-ups) long before most HN readers were born.
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[ 3.1 ms ] story [ 8.0 ms ] threadNo, this is a capitalist welfare state with a thriving and very large private sector.
We can blame the Tea Party for the latest spate of confusing the existence of social services (that one is not directly benefiting from) with "socialism" in the US, but people like F. A. Hayek were pointing out the difference between Scandinavian welfare systems and actual socialism (and how it's rather less friendly to start-ups) long before most HN readers were born.
A nice editorial on the subject I googled up: http://washingtonexaminer.com/blogs/examiner-opinion-zone/ha...