Sunday, May 6, 2012
They are all borderline socialist states, with generous welfare benefits and lots of redistribution of wealth. Yet they don't let that socialism cross the line into autocracy. Civil liberties are abundant (consider decriminalized drugs and prostitution in the Netherlands). There are few restrictions on the flow of capital or of labor. Legatum's scholars point out that Denmark, for example, has little job protection, but generous unemployment benefits. So business owners can keep the right number of workers, while workers can have a safety net while they muck around looking for that fulfilling job.prosperity dot com
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