Sen. Bernie Sanders, I-Vt., says that his proposals 'are not radical,' pointing again and again to countries in northern Europe such as Denmark, Sweden and Norway as examples of the kind of economic system he wants to bring to the United States.
The image he conjures up is of a warm and fuzzy social democracy in which market economics are kept on a tight leash through regulation, the rich are heavily taxed, and the social safety net is generous. That is, however, an inaccurate and highly misleading description of those northern European countries today...
The image he conjures up is of a warm and fuzzy social democracy in which market economics are kept on a tight leash through regulation, the rich are heavily taxed, and the social safety net is generous. That is, however, an inaccurate and highly misleading description of those northern European countries today...