Presidential candidate Bernie Sanders agrees, saying: “When I talk about democratic socialism, I am not looking at Venezuela. I’m not looking at Cuba. I’m looking at countries like Denmark, like Sweden.”
But those countries are not socialist!
Yes, they have big welfare programs, but their economies are more capitalist than America’s.
They set no national minimum wage. They impose fewer regulations on businesses. Their leaders even go out of their way to point out that they are not socialist. Denmark’s prime minister went on TV to respond Sanders’ comments by saying: “Denmark is far from a socialist planned economy. Denmark is a market economy.”
Not only are Scandinavian countries not socialist, lately they’ve reduced government control of their economies. Denmark privatized the national phone system and the railroads—and sold the Copenhagen airport to a private company.