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In reply to the discussion: Capitalism [View all]

Celerity

(46,154 posts)
33. Absolutely correct we (Sweden) are not a socialist nation, but we do have more billionaires per capita than the US
Sun Apr 14, 2024, 09:57 PM
Apr 2024
In fact, we have more billionaires (not millionaires) per capita than any non tax haven state of the planet

This was not the case until a series of centre right neoliberal Swedish governments in the Riksdag (our unicameral parliament) started changing the tax code to extract far higher tax rates from labour than from capital gains profits and specualtive equity and bond trading/investing. I have posted on all this multiple times in the past here.

Per capita

(Hong Kong and Guernsey are not nation states and they both are also tax havens, as is Switzerland, Singapore, and all the rest above us)

https://en.wikipedia.org/wiki/List_of_countries_by_number_of_billionaires



Total Number

Only 11 actual completely recognised nation states (so no Hong Kong or Taiwan) have more billionaires in TOTAL (not even per capita) than we do, and we only have around 10.7 million people as of today.



Capitalism [View all] onecaliberal Apr 2024 OP
Funny how socialism hasn't caught on anywhere....... brooklynite Apr 2024 #1
What about Democratic socialism? edhopper Apr 2024 #3
And then Democratic Socialists help out by not challenging the term. brooklynite Apr 2024 #4
That's not socialism. That's communism. Gotta get your isms correct. paleotn Apr 2024 #8
Try, try again brooklynite Apr 2024 #9
In the general parlance I'm correct and you're mincing words. paleotn Apr 2024 #11
Just rearrange the word order and his problem Voltaire2 Apr 2024 #12
Socialism is an economic system Zeitghost Apr 2024 #24
I would posit that you mean social democracy, like we have here in Sweden & the other Nordics, NOT democratic socialism. Celerity Apr 2024 #31
I kinda remember someone saying capitalism and socialism aren't mutually exclusive by any means. paleotn Apr 2024 #6
plural and singular forms in proper Swedish Celerity Apr 2024 #32
We have nothing else to blame. Voltaire2 Apr 2024 #2
You do know socialism and capitalism aren't mutually exclusive. paleotn Apr 2024 #5
Nothing works fine when it's bastardized to benefit one class onecaliberal Apr 2024 #10
You're not getting my point. It's not black and white. paleotn Apr 2024 #13
I get your point just fine. It's the other way around. onecaliberal Apr 2024 #15
Words wasted on the wrong people I suppose. paleotn Apr 2024 #19
Selfish and pathetic. They got theirs, they don't care. onecaliberal Apr 2024 #20
We discarded regulation. Voltaire2 Apr 2024 #14
Not everywhere. paleotn Apr 2024 #17
You are confusing socialism Zeitghost Apr 2024 #25
Then why the term Democratic Socialism? paleotn Apr 2024 #28
Democratic Socialism Zeitghost Apr 2024 #30
Absolutely correct we (Sweden) are not a socialist nation, but we do have more billionaires per capita than the US Celerity Apr 2024 #33
I don't think that many people think that socialism or communism will take their freedom DFW Apr 2024 #7
Funny how we deliberately sabotage any democratically Voltaire2 Apr 2024 #16
I believe it takes a sprinkle of socialism to keep Emile Apr 2024 #18
100% pandr32 Apr 2024 #21
I fear DENVERPOPS Apr 2024 #22
The people who stole the most from me, by far, markodochartaigh Apr 2024 #23
Capitalism... GiqueCee Apr 2024 #26
Our problem, IMO, is unrestrained and vulture Capitalism, The Unmitigated Gall Apr 2024 #27
And it's not in the Constitution! SleeplessinSoCal Apr 2024 #29
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