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The price of turning Israel into another Scandinavia
The reality of the Nordic economic model has little to do with the derisive way it is described by the 'The Marker' or 'The Economist.' One writer takes apart the right-wing business media's analysis, revealing the truth behind the successful social democracies. By: Ami Vatury (Translated from Hebrew by Rachel Beitarie) “The Scandinavian model” found in Sweden, Norway, Denmark and Finland is exactly what the social left [1] says it is. It is an economic model based on large, strong, democratic trade unions; considerable involvement of the unions in management; a large public sector (relative to other countries); high taxes and…
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