Myth: capitalism is the reason western society has thrived, socialism is a failed experiment Fact: most western societies are a pragmatic mix of socialism and capitalism, "true" capitalism is as rare as "true" socialism
There's a big difference between individual wealth and national economics though
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All capitalist countries are wealthy but differ in the amount of socialism they provide. All socialist countries failed unless they introduced capitalism like China. And yes the Scandinavian countries are capitalist.
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The amount that any of those things is true seems to be entirely related to political beliefs in my experience. I've heard cogent arguments against all of those points before
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The New Deal demonstrates
@GidMK pointThanks. Twitter will use this to make your timeline better. UndoUndo
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