Sweden Isn’t Socialist: New at Reason

For years, American leftists have been saying that Sweden is proof that socialism works, that it doesn’t have to turn out as badly as the Soviet Union or Cuba or Venezuela did.

Not so fast, says John Stossel. In international economic-freedom comparisons, Sweden often earns a higher ranking than the U.S. That’s because Sweden’s free market is not burdened by the U.S.’s excessive regulations, special-interest subsidies, and crony bailouts. That, Stossel observes, is what allows the Swedish government to fund Sweden’s big welfare programs.

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