Finland has a capitalist economy. Why are Finns so much happier? - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 58 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 51%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Like the United States, Finland has a capitalist economy. Why are Finns so much happier than us? (by paulconstant)

," Nick Hanauer and David Goldstein interview two experts about the most stable, safest, and best-governed nation in the world — a country that always ranks near the top of international surveys of individual wealth, lack of corruption, progressiveness, and social justice. That nation is Finland.

And before critics roll out the "S" word, let's make it clear that while Finns enjoy an expansive social safety net, good pensions, and robust sick and family leave protections, their economy cannot be characterized in good faith as a socialist. Finland is a thoroughly capitalist nation: Some people make lots of money, and others make very little.

In Partanen's book, she claims that the economies in Nordic nations like Finland are "intentionally designed to take into account the specific challenges of modern life and give citizens as much logistical and financial independence as possible.

The only question that matters is this: Which kind of freedom is most important to you? The freedom for corporations to avoid taxes by lobbying to change the tax code, or the freedom for you to start a new career in your 40s? The freedom to deregulate pollution or the freedom to take a paid vacation? When you decide that the goal of your economy is to create more happiness for everyone rather than to optimize shareholder value, it's amazing to see how your definition of freedom can change...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

tomhucker paulconstant Just shows how out of touch you are, Tom. Are you ready to discuss the differences between Finland and the US? Are you suggesting, Tom, that this is an apples to apples comparison?

paulconstant great piece paulconstant

paulconstant The sad ones commit suicide

paulconstant GOP labels universal health care, child care and such 'socialism' in an ongoing effort to scare Americans into voting against their own best interests so GOP's uber-wealthy handlers won't have to pay any taxes.

paulconstant Am I right if I say that Corruption is Least in Finland and that may be the reason for (good governance and) Vast Happiness ?

paulconstant Because their government isn’t corrupt like ours? Their inequality isn’t as bad? Their people aren’t getting fleeced by their politicians? Just spitballing here. 🙄

paulconstant Same as most western European states. USA = third world

paulconstant Beacause everyone in Finland is a Finn.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Spin scooter CEO explains why his workers are considered employees - Business InsiderThe CEO of a scooter startup owned by Ford explains why it's a good thing that his employees are unionizing — and how it could help Spin get a leg up on Bird and Lime
Source: BusinessInsider - 🏆 729. / 51 Read more »

Warren Buffett loves using Valentine's Day to explain why See's Candies is his 'dream business''See's Candies means getting kissed,' Buffett said in 1998. 'If we can get that in the minds of people, we can raise prices.' Best chocolate ever.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Why Netflix keeps losing best-picture Oscar: Academy voter analysis - Business InsiderAn Oscar voter told us he refuses to pick Netflix movies for best picture and it shows one potential reason the streamer got 24 noms and only 2 wins
Source: BusinessInsider - 🏆 729. / 51 Read more »

'Why are you not Elon Musk?': BP boss won't cede clean energy to Tesla - Business Insider'Why are you not Elon Musk?': The new boss of an oil-and-gas titan isn't leaving clean energy to Tesla
Source: BusinessInsider - 🏆 729. / 51 Read more »

My husband and I vacation separately — without each other or our daughter. Here's why. - Business InsiderNadine first took a 9-day vacation alone just after their daughter was born — and Erik went on his own solo trip a few months later.
Source: BusinessInsider - 🏆 729. / 51 Read more »