Saturday, December 28, 2013

Swedish Billionaires

Following on from my recent post about Swedish equality comes an article in Slate, courtesy of Marcia, in the same vein.

It appears that, despite the successful push towards social equality, there are more Swedish billionaires per capita than in the US.

Here's the key quote: "... almost every place on Earth would like to be the kind of place where successful new firms are born and raised. The good news about Sweden is that it’s exactly that kind of place. High taxes go to finance cheap health care and education, an excellent system of public transportation, and relatively generous subsidies to low-income households that keep the poverty rate and inequality low."

I find it heartening to read about a system of government that does what the US aspires to, and does it better.

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