{"id":22801,"date":"2026-08-02T17:17:50","date_gmt":"2026-08-02T17:17:50","guid":{"rendered":"https:\/\/lonecandle.com\/?p=22801"},"modified":"2026-08-02T17:17:50","modified_gmt":"2026-08-02T17:17:50","slug":"wsj-piece-about-socialism-in-the-nordics","status":"publish","type":"post","link":"https:\/\/lonecandle.com\/?p=22801","title":{"rendered":"WSJ Piece About Socialism in the Nordics"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">The CATO Institute&#8217;s index that people use to say how capitalist Norse countries are includes mostly things that have nothing to do with distinguishing capitalism from modern democratic socialism.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Even looking at the economic freedom indicator, only four percent of it is looking at the state&#8217;s ownership of assets, which is core to what socialism is.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Yet, this is used again and again to say how capitalist these countries are.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In the US, the state owns around 4% of total national wealth, for Denmark, Sweden, Finland, and Norway, this is: 11.2%; 24.1%; 31.7%; and 57%.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">There are many different types of Socialism. Just determining that a country isn&#8217;t a fully topped down planned economy, doesn&#8217;t mean it&#8217;s not Socialist.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Low-wage workers in the US pay HIGHER taxes than the Nordic countries if you count healthcare premiums as taxes. Healthcare premiums come right from your paycheck and go a bureaucracy that pays for healthcare. It&#8217;s the same in the US as Nordic countries, except in the US it goes to a private company and in Nordic countries, it goes to the government. In both cases. health insurance is provided&#8230;except out of pocket costs are also lower in the Nordic countries.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If you need a family plan, then the US average wage worker also pays more!<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The focus on taxes is silly. What matters is what are the cost burdens on Americans. Whether it is a tax from government or a healthcare premium from an insurance company, it&#8217;s a burden! Only looking at taxes is highly misleading, especially when taxes are instead of a premium, so when you look at the US, you ignore the cost of that premium.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">That the US is a larger country, means we have more economies of scale, meaning it should be easier for us to provide healthcare for its people. We don&#8217;t do it based on ideology.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The problem with childcare fraud in Minneapolis wasn&#8217;t simply a problem with Somalis, but with private companies providing government services while being paid by the taxpayer. That wouldn&#8217;t have happened if the government did it itself.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Nordic countries have universal welfare states and high levels of state ownership. They are examples of more successful &#8220;socialist&#8221; policies.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-4-3 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"WSJ Piece About Socialism in the Nordics\" width=\"640\" height=\"480\" src=\"https:\/\/www.youtube.com\/embed\/I4He0ceUFvI?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>The CATO Institute&#8217;s index that people use to say how capitalist Norse countries are includes mostly things that have nothing to do with distinguishing capitalism from modern democratic socialism. <\/p>\n<p>Even looking at the economic freedom indicator, only four percent of it is looking at the state&#8217;s ownership of assets, which is core to what socialism is. <\/p>\n<p>Yet, this is used again and again to say how capitalist these countries are. <\/p>\n<p>In the US, the state owns around 4% of total national wealth, for Denmark, Sweden, Finland, and Norway, this is: 11.2%; 24.1%; 31.7%; and 57%. <\/p>\n<p>There are many different types of Socialism. Just determining that a country isn&#8217;t a fully topped down planned economy, doesn&#8217;t mean it&#8217;s not Socialist. <\/p>\n<p>Low-wage workers in the US pay HIGHER taxes than the Nordic countries if you count healthcare premiums as taxes. Healthcare premiums come right from your paycheck and go a bureaucracy that pays for healthcare. It&#8217;s the same in the US as Nordic countries, except in the US it goes to a private company and in Nordic countries, it goes to the government. In both cases. health insurance is provided&#8230;except out of pocket costs are also lower in the Nordic countries. <\/p>\n<p>If you need a family plan, then the US average wage worker also pays more! <\/p>\n<p>The focus on taxes is silly. What matters is what are the cost burdens on Americans. Whether it is a tax from government or a healthcare premium from an insurance company, it&#8217;s a burden! Only looking at taxes is highly misleading, especially when taxes are instead of a premium, so when you look at the US, you ignore the cost of that premium. <\/p>\n<p>That the US is a larger country, means we have more economies of scale, meaning it should be easier for us to provide healthcare for its people. We don&#8217;t do it based on ideology. <\/p>\n<p>The problem with childcare fraud in Minneapolis wasn&#8217;t simply a problem with Somalis, but with private companies providing government services while being paid by the taxpayer. That wouldn&#8217;t have happened if the government did it itself. <\/p>\n<p>The Nordic countries have universal welfare states and high levels of state ownership. They are examples of more successful &#8220;socialist&#8221; policies. <\/p>\n<p>https:\/\/www.youtube.com\/watch?v=I4He0ceUFvI<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[329,348,217,165,728,334,73,1747,411,560,141,619,150],"class_list":["post-22801","post","type-post","status-publish","format-standard","hentry","category-article-share","tag-capitalism","tag-data","tag-economics","tag-economy","tag-europe","tag-health-insurance","tag-healthcare","tag-nordic","tag-policy","tag-socialism","tag-taxes","tag-united-states","tag-welfare"],"_links":{"self":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/22801","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=22801"}],"version-history":[{"count":1,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/22801\/revisions"}],"predecessor-version":[{"id":22802,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/22801\/revisions\/22802"}],"wp:attachment":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=22801"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=22801"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=22801"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}