Yaron Lectures: Free Market Revolution Book Tour - Shanghai
Yaron Brook Show
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The Contrast Between the Market and State-Ending Countries
Sweden is a great example. During the 19th century, it only thought of the 20th century. Sweden was one of the most capitalist countries in the world. It created some of the greatest wealth ever seen. And then they turned to social women and started redistributing the wealth. They kept redistributing and industrial production went down. But there was so much wealth that they could certainly distribute. About 1994, Sweden was bankrupt. So what did they do? They started going away from the welfare state, away from socialism. And for the last 20 years, Sweden has been heading towards more capitalism. America has been heading toward more socialism. Swedes are happier than Americans and Ser
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