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this post was submitted on 10 Sep 2024
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The Nordic model proves that you can have robust welfare states while engaging in free markets.
China also shows that there’s some value to market socialism, but I am no economist so idk 🤷♀️
Oligarchy-esque politics, monopolies, and favoring short term gains over long term benefits are the main issues currently, I think.
I think many people would agree with welfare states like we have under the Nordic model, but many would not agree with Stalin-like Marxist-Leninism, or similarly extreme economic system.