What Democratic Socialism Does to Economic Prosperity | Intellections

Many Americans support “democratic socialism” and point to Sweden as a successful example. However, Sweden’s experiment with socialist policies was a disaster that significantly reduced its economic growth for decades. To restore growth and prosperity, the country had to undertake major market-based reforms.

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Additional resources:

Read “How Sweden Overcame Socialism” by Lee E. Ohanian and Jesús Fernández-Villaverde, available here: https://on.wsj.com/2D18vWd

Watch “Socialism’s Empty Promises” by Milton Friedman, David Davenport, Allan Meltzer, Thomas Sowell. Available here: https://bit.ly/2ejChXH

Read “Lessons From The European Welfare State” by Allan H. Meltzer. Available here: https://hvr.co/2RmHJx3
Read “America's Drift Toward 'Socialism' Is Generational, But Also Educational” David Davenport. Available here: https://bit.ly/2Zyav0v
Read “Socialism for the Uninformed” by Dr. Thomas Sowell. Available here: https://bit.ly/2XWjrg2
Watch “Bouncing Back: The Role of Social Safety Nets” by Lee Ohanian. Available here: https://bit.ly/2uUBfNj

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