The Money with Katie Show cover image

Pt. 1: Money, Millennials & the Bizarre American Fever Dream: The Culture & Economy that Made Millennials

The Money with Katie Show

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The Scandinavian Model Is Evaporating, Right?

The state's ability to insulate its population from this global system through wealth redistribution, we think of the scandinavian model, is evaporating. You can see this especially in a country like france, where you used to think of it as a social democracy that redistributes wealth towards the broad population. And they're heading in more of an american style direction. So i got the sense of inevitability, kind of reading your book, like this was the destination that capitalism was always driving us toward. In some ways, it feels like it can't get much worse. But  it almost unequivocally has gotten worse.

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