9 reasons Denmark's socialist economy leaves the US in the dust

[Triana]

1. Denmark’s unemployed workers get 90 percent of their old salary for 2 years.

Denmark has a tremendous social safety net for unemployed workers — any worker who worked at least 52 weeks over a three-year period can qualify to have 90 percent of their original salary paid for, for up to two years. The Danish government also has plentiful training programs for out-of-work Danes. As a result, 73 percent of Danes between 15 and 64 have a paying job, compared to 67 percent of Americans.

2. Denmark spends far less on healthcare than the US.

World Bank data on healthcare costs in developed nations.

According to the Organisation for Economic Co-Operation and Development (OECD), the US spends twice as much per capita on healthcare than on Denmark, where taxpayer-funded universal healthcare is available for all citizens. 2009 OECD data shows that the U.S. spent an average of $7,290 per person on healthcare. Denmark spent just $3,512. World Bank data, as seen in the chart above, shows Danish healthcare costs are about $3,000 less per capita than in the US.

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THE REST:

http://occupywatchdog.tumblr.com/post/131874012420/here-are-9-reasons-denmarks-socialist-economy

[Nye Bevan]

1. Denmark is a capitalist country, not a socialist one.

It has private ownership of companies, a stockmarket, and is very big on free trade. Higher taxes and better social benefits do not transform a capitalist country into a socialist one.

[malaise]

2. Denmark has a mixed economy

- social democracy or democratic socialism incorporate aspects of both capitalism and socialism. The state uses taxes to ensure that no one is left behind and it works very well.

[laundry_queen]

3. I think it was said tongue-in-cheek

You know darn well many Americans would call it communist.

But Denmark is technically a mixed economy.