Finland gives free baby kit to new parents, more harmonious capitalism - Business Insider

that "socialism" has worsened the quality of life in Nordic countries — that living standards are 15% lower than in the US, and the returns on a college education are lower. This type of fear mongering isn't new. In fact, both parties are guilty of believing narratives like "the undeserving poor," "welfare queens," and "pulling yourself up by your bootstraps.

Capitalism is an economic system, not a political one — it's just the way that we organize the production of goods through a market that we create, with private ownership and profit incentives. The difference between Finland and America is that our Nordic friends have a much more harmonious marriage between democracy and capitalism; in Finland, the inequities that are created by capitalism don't cut as deep, because the government has established a minimum humane standard of living.

Although low child mortality rates are largely the result of an excellent and freely accessible health care system, the baby box is a perfect example of how Finland uses its wealth to invest in the well-being of its people — and everyone is better for it. You could call that democratic socialism, but you can also just call it smart.

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