Society Magazine

Socialism Worse Than Capitalism?

Posted on the 09 September 2016 by Morage @kebmebms

So many people in America claim Socialism is worse, far worse, frequently, for even people but especially for business.  They should think again.
This, from very Conservative, very Right Wing, very pro-business Forbes Magazine:

The Best Countries For Business 2015 

- Forbes

Socialism Worse Than Capitalism?

U.S. Slides Again As Denmark Comes Out On Top


Their words:
The U.S. falls in our rankings for a sixth straight year with low scores on monetary freedom and bureaucracy. Denmark leads a strong showing by Europe at the head of the class.
And who are the top ten on this "best countries for business list" from around the world? Check it out:
Denmark has ranked first in six of the 10 annual editions of FORBES’ Best Countries list. The country has been in the news in the U.S. lately thanks to Democratic presidential candidate Bernie Sanders, who holds up the nation of 5.6 million people as a model socialist utopia. The country does have one of the highest individual tax burdens in the world in exchange for its wide-ranging services, but it is very much a market-based economy.
Denmark ranked in the top 20 in all but one of the 11 metrics we used to gauge the Best Countries for Business (it ranked 28th for red tape). It scored particularly well for freedom (personal and monetary) and low corruption. The regulatory climate is one of the world’s “most transparent and efficient,” according to the Heritage Foundation.


From there the list goes:
2. New Zealand 3. Norway 4. Ireland 5. Sweden 6. Finland 7. Canada 8. Singapore 9. Netherlands 10. United Kingdom
So there you are.  9 of the 10 "top countries for business" are all in Europe and all Socialist.
Oh, and they all also have universal health care. 
And no one goes bankrupt for health care costs.
So where is our own United States on this list, you might ask?
We aren't even in the top 15. 
The picture isn’t as bright for the U.S., which slides four spots to No. 22. It continues a six-year descent since 2009 when the U.S. ranked second overall. The U.S. is the financial capital of the world and its largest economy at $17.4 trillion (China is second at $10.4 trillion), but it scores poorly on monetary freedom and bureaucracy/red tape. More than 150 new major regulations have been added since 2009 at a cost of $70 billion, according to the Heritage Foundation.

So there you have it, ladies and gentlemen. For any and all who think Socialism is horrible, period, in its own right and that any nation having it is, therefore, bad for business. It just patently isn't so.
Not only is intelligent Socialism better for the people, it can be and is also, in plenty of places in the world,  good for business. 
Let that sink in.
Seems Bernie Sanders was right all along, huh?


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