Share this story
Close X
Switch to Desktop Site

Sweden hardly a ‘socialist nightmare’

(Read article summary)
About these ads

Stockholm, Sweden – There is a long tradition of using Sweden as a socialist model to highlight social shortcomings in the United States. Recent tax change proposals by the Obama administration, for instance, had conservative commentator Bill O'Reilly asking his viewers, "Do we really want to change America into Sweden?"

Yet if the Scandinavian model were shipped across the Atlantic, the changes would have little to do with socialism, say analysts here. In fact, some believe it should be held up as a bastion of market capitalism.

Last week, the country’s center-right government began selling off state-owned pharmacies, one of the country’s few remaining nationalized companies, as part of an ambitious program of liberal economic reforms started in 2006. In the same week, a study by the Swedish Unemployment Insurance Board revealed that almost half of the country’s jobless lacked full unemployment benefits. Many opted out of the state scheme when the cost of membership was raised last year; others were ineligible.


Page:   1   |   2   |   3

Follow Stories Like This
Get the Monitor stories you care about delivered to your inbox.