Quote:
Originally Posted by CliffFletcher
That depends on how you look at it. Sweden maintains an attractive private business environment (it has a lower corporate tax rate than Canada or the U.S.), and pays for its social programs with high rates of income and sales taxes on citizens working in those private businesses.
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Shouldn't Capitlaism vs Socilidm be purely defined as the % of GDP that is controlled by centralized governments?
https://data.oecd.org/gga/general-go...t-spending.htm
What you can see from the Data is that in developed nations the government controls between 40% and 60% of spending. Hard to argue it's just Capitalism when 40% of spending is centrally planned.
I don't think we have ever seen a purely capitalist society attempted the way we have seen purely socialist society's attempted.