There is a myth about the existence of Scandinavian socialism. This myth is advantageous for political forces that promote expanding the role of the state in the economy and society. Economists debunk this myth by pointing out the reality of Scandinavian economies, which are based on capitalist principles and free markets.

The popularity of the myth of "Scandinavian socialism" illustrates the importance of the discussion about the role of the state in society and the economy, as well as the need to understand the true nature of economic systems, which often become the subject of political debates. Let's take a look at this undoubtedly interesting country, which is simultaneously a leader in rankings of population happiness, high taxes for certain categories, perception of corruption, and protection of private property. How did all this intertwine in one country, and is there any merit of socialism in this?

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00:00 Introduction
03:24 History tour
10:11 Political structure of Denmark
13:22 Economic freedom
16:53 Tax burden
27:24 Corporate taxes
29:36 Pension system
32:16 Education
34:07 Summary

#Denmark #economy #history