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and that, class,... | AND THAT'S  HOW DEMOCRATIC SOCIALISM WORKS; BUT, WHERE DOES THE MONEY COME FROM? | image tagged in and that class | made w/ Imgflip meme maker
1,460 views 24 upvotes Made by WiseCracker 5 years ago in politics
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15 Comments
1 up, 5y
i'd take capitalism over socialism, but i think the reason socialism is appealing in the united states is because capitalist entrepreneurs are focused on the stock market instead of the service they're providing.

besides, most of the companies that operate here in the united states rely on government subsidies, especially automobile manufacturers and airline companies
0 ups, 5y,
1 reply
From those that have it. It’s pretty well established system that’s working great around the world.
3 ups, 5y,
1 reply
Cool story. Name one and I'll show why it isn't so great.
0 ups, 5y,
1 reply
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Any one of these.
4 ups, 5y,
3 replies
Wow, you make this too easy:

1. Canada has socialized medicine, but is not a socialist country. They're capitalists, like America - they just happen to have a health care system that everyone hates.

Many of the countries you listed utilize the Nordic Model - The Nordic model is underpinned by a free market capitalist economic system that features high degrees of private ownership. To pay for social programs, those who work are taxed heavily. Most of their tax rates are higher than the highest tax rates in the USA.

2. Sweden (Nordic Model) - I hope you enjoy 29.5% - 35% income tax
3. Denmark (Nordic Model) Tax rate of 45% that is expected to be 55.80% by the end of this quarter
4. Norway (Nordic Model) - 38.52% tax rate, and will be 39% by 2020
5. Switzerland is expected to be 40% tax rate by the end of this quarter
6. Finland (Nordic Model) - 51.60% tax by the end of this quarter
7. Australia is a capitalist nation, like the USA. One of their political parties is openly socialist, but theirs is a capitalist economy.
8. Netherlands - 36.65% to 51.75% tax

29% to 55% tax - ouch! That's painful!

You might want to read up on why these countries Nordic Model countries are not considered to be socialist. None of these countries have minimum wage laws.

https://www.forbes.com/sites/jeffreydorfman/2018/07/08/sorry-bernie-bros-but-nordic-countries-are-not-socialist/#1da4cdd274ad
2 ups, 5y
LOL - Please STOP confusing Liberals with facts
1 up, 5y
Nice information thank you
0 ups, 5y,
2 replies
Cool we’ll whatever they’re doing seems to be working and NOT socialist so maybe we should look at those models and maybe we will be on the list sometime.
2 ups, 5y,
1 reply
Yeah, their income taxes are going up every year, sometimes multiple times throughout the year.

That sounds sustainable.
0 ups, 5y,
1 reply
Been so for years. Ours go up too. at least they have college and health care.
0 ups, 5y,
1 reply
Mine went down by 2% with the Trump tax cuts (at the same time my income went up).

Remember the adage - you get what you pay for. I work in tech - and it's double true.
0 ups, 5y
I’m in biotech. I do well under anyone really

But still I’d take the added college and healthcare.
0 ups, 5y,
1 reply
Mebbe you should move there then if it's so beechin'
0 ups, 5y,
1 reply
Yeah I might. Or we as a country should demand better.
0 ups, 5y
We have better. There is greater opportunity and more freedom in the USA than any country on that list.
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    AND THAT'S HOW DEMOCRATIC SOCIALISM WORKS; BUT, WHERE DOES THE MONEY COME FROM?