Sweden And Its World Class Economy: Myths And Facts

 Sweden And Its World Class Economy: Myths And Facts

Bernie Sanders’s entry into the presidential race has sparked a nationwide conversation about socialism and its potential to remedy the real and perceived pathologies suffered by Americans. Throughout Sanders’s extensive political career, he has proudly labeled himself a socialist while being careful to distance his ideological roots from basket cases such as North Korea, Cuba, Venezuela, Bolivia, and other collectivist nightmares. Rather, as with most progressive socialists, he considers himself a “democratic” socialist sharing more in common with the relatively wealthy Scandinavian countries.

It is interesting that progressives like Sanders can look at a rich country...