Sweden Got More Socialist, Economy Now BOOMING


IN SWEDEN THEY HAVE A
DIFFERENT MODEL THAN WE DO IN THE U.S., I’M TOLD BY THE
RIGHT-WING IN AMERICA OF COURSE IT CAN’T WORK, IT’S BECAUSE THEY
ARE SOCIALISTS. SOCIALISTS ARE DANGEROUS. IF YOU GO AROUND
REDISTRIBUTING THE WEALTH AND SHARING IT WITH THE MIDDLE CLASS
AND THE POOR, THAT WILL DESTROY YOUR ECONOMY. LET’S FIND OUT IF
THAT IS TRUE. SWEDEN ACTUALLY PUT A VERY LEFT-WING GOVERNMENT
IN POWER IN 2014, THERE ECONOMY WAS STRUGGLING, I BET THEY
TANKED IT, RIGHT? LET’S FIND OUT. BLOOMBERG EXPLAINS — NOW, SHE SAYS THAT’S HER
RECIPE FOR SUCCESS, BUT IS IT TRUE? WELL — I MEAN, I’M TOLD BY NOT JUST
THE RIGHT-WING IN THIS COUNTRY BY ALL THE MEDIA THAT YOU CANNOT
DO THAT. YOU LOWER TAXES TO STIMULATE THE ECONOMY. RAISING
TAXES WILL KILL THE ECONOMY, WHAT ARE YOU DOING? AND WELFARE,
UGH. LET’S FIND OUT — WHAT HAPPENED? I THOUGHT IT
WAS SUPPOSED TO KILL THE ECONOMY. IT TURNED OUT IT
ACTUALLY POWERED THE ECONOMY. IT MADE IT GROW MUCH FASTER THAN IT
WAS BEFORE, AND MUCH FASTER THAN IT IS GROWING HERE IN AMERICA. THEY DOUBLED US, I THOUGHT WE WERE NUMBER ONE. AT SOME POINT
NOW RECENTLY THEIR GDP IS GROWING AROUND 4%. WHEN AMERICAN
POLITICIANS TALK ABOUT GROWING AT 4% THEY ARE DISMISSED,
RIGHTFULLY SO IN THIS CONTEXT IN AMERICA, AS MAKING OUTLANDISH
STATEMENTS THAT ARE NOT REMOTELY POSSIBLE IN THE AMERICAN
CONTEXT. TURNS OUT THEY COULD BE POSSIBLE IF WE RAISED TAXES. AND
I KNOW YOU’VE BEEN BRAINWASHED BY TV FOR SO LONG — NO, THE
RICH HAVE TO HAVE EVERYTHING, IF THEY HAVE EVERYTHING IT WILL
TRICKLE DOWN TO YOU AND MAYBE YOU WILL GET SOMETHING. IF YOU
RAISE TAXES IT WILL DESTROY EVERYTHING. IT’S JUST NOT TRUE. YOU KNOW WHAT HAPPENS WHEN YOU HAVE A MORE EQUAL DISTRIBUTION
OF WEALTH? PEOPLE IN THE LOWER ECONOMIC BRACKETS HAVE MORE
MONEY. YOU KNOW WHAT PEOPLE IN LOWER ECONOMIC BRACKETS DO? THEY
SPEND THE MONEY BECAUSE THEY DON’T HAVE A CHOICE. THEY HAVE
TO EAT, THEY HAVE TO HAVE CLOTHES FOR THE KIDS, THEY
IMMEDIATELY SPEND IT. AND THAT’S NOT A BAD THING, IT GOES BACK
INTO THE ECONOMY AND CIRCULATES, IT HELPS YOUR ECONOMY, THAT’S
WHY YOU HAVE A HIGHER GDP AND HIGHER ECONOMIC SUCCESS. WHEN
YOU GIVE MASSIVE TAX CUTS TO THE VERY WEALTHY, THEY DON’T SPEND
IT. THEY PUT IT IN THEIR BANK ACCOUNT. THEY MIGHT BUY A YACHT
OR A MANSION HERE OR THERE, BUT OVERALL THE BILLIONS THAT THEY
HAVE, THEY LARGELY SAVE IT AND DON’T PUT IT BACK IN THE
ECONOMY. IT’S A LOSING STRATEGY. WHEN WE WERE ACTUALLY NUMBER ONE
— 1950S, 1960S, THE ERA THAT THE RIGHT-WING IN THIS COUNTRY
SAYS WAS A GOLDEN ERA — YOU KNOW HOW HIGH THE TOP
MARGINAL TAX RATE WAS IN AMERICA? OFTENTIMES IT WAS 70%,
AT SOME TIMES IT WAS AT 90%. THAT DIDN’T APPLY TO EVERYONE,
IT DOESN’T MEAN THEY WILL TAKE 90% OF YOUR MONEY. THEY HAD A
LOT OF DIFFERENT BRACKETS AND IF YOU WERE AT AN ASTRONOMICAL
NUMBER IT WOULD BE FOR 90% OF WHATEVER WAS ABOVE THAT NUMBER. I’M NOT SAYING WE HAVE TO GO TO 90% OR EVEN 70%, BUT WHAT I AM
TELLING YOU IS WHEN WE HAD HIGH MARGINAL TAX RATES WE HAD A
BOOMING ECONOMY. WHEN SWEDEN HAS A HIGH MARGINAL TAX RATE THEY
HAVE A BOOMING ECONOMY. BUT I KNOW ANOTHER THING THE
RIGHT-WING SAYS — IT WILL TURN THEM INTO BUMS. NOBODY WILL WORK
ANYMORE. LET’S FIND OUT IF THAT’S TRUE — SEE, IT’S NOT SOME SORT OF
LEFT-WING CONSPIRACY. OH, I RAISE YOUR TAXES AND I TAKE THE
MONEY AND THEY CONTROL YOUR LIFE WITH IT. NO, THEY TAKE THE MONEY
AND PUT IT INTO THINGS LIKE HEALTHCARE SO YOU DON’T DIE,
EDUCATION SO YOUR KIDS HAVE AS MUCH CHANCE AS ANY RICH KID
DOES, AND PARENTAL CARE AND DAYCARE SO THAT YOU CAN ACTUALLY
LEAVE YOUR KIDS IN DAYCARE AND GO TO WORK. AND GUESS WHAT
HAPPENS, MORE PEOPLE GO TO WORK. I KNOW, REVOLUTIONARY. EVERY
ONCE IN A WHILE THE RIGHT-WING HERE, AND THE MEDIA AIDS AND
ABETS THEM, WILL SAY, DO YOU WANT TO BE LIKE SWEDEN? KINDA. SOUNDS PRETTY GOOD. BUT GUYS, COME ON, LET’S BE FAIR. WHEN YOU
DO ALL THIS TAXING AND SPENDING AND DO A RECORD AMOUNT OF
WELFARE, IT WILL DESTROY YOUR BUDGET, RIGHT? OUR BUDGET IS A
DISASTER, WE KEEP CUTTING TAXES, WE HAVE GIANT DEFICITS AND
ENORMOUS DEBT, SO SWEDEN MUST BE IN WORSE SHAPE, RIGHT? LET’S
FIND OUT — OH, IT
TURNS OUT ALL OF THOSE TALKING POINTS BY CONSERVATIVES IN AMERICA WERE MYTHS. THEY LIED
TO YOU THROUGH AND THROUGH. AND WHEN CONFRONTED WITH ALL OF THIS
DATA, YOU KNOW WHAT THEY WILL SAY. THEY PROBABLY ALREADY SAID
IT IN THE COMMENTS SECTION. THAT’S NOT FAIR BECAUSE SWEDEN
IS SO HOMOGENEOUS. IT’S NOT LIKE AMERICA WHERE WE HAVE A LOT OF
DIFFERENT RACES THAT MIX. YOU KNOW WHAT THAT MEANS — SWEDEN
IS ALL WHITE. THEY ARE NOT LETTING REFUGEES IN OR ANYTHING
LIKE THAT. THAT’S THE RIGHT IDEA. NOT THERE TAX OR ECONOMIC
POLICY, WHICH WOULD ACTUALLY AFFECT THEIR TAXES AND THEIR
BUDGET AND THEIR ECONOMY — NO. LET’S TURN IT ABOUT RACE. THE
ONE THING WE KNOW IS THAT SWEDEN IS NOT ALLOWING REFUGEES BECAUSE
THE KEY TO THEIR SUCCESS IS THAT THEY ARE HOMOGENEOUS. EXCEPT FOR
THE FACT THAT THEY HAVE, QUOTE — NOT OUTFLOWS, INFLOWS. THEY’VE
DONE EVERYTHING THE RIGHT-WING HERE IN AMERICA TELLS YOU NOT TO
DO. THEY BROUGHT IN A RECORD NUMBER OF REFUGEES, THEY DID
RECORD NUMBERS IN WELFARE, RECORD TAX INCREASES, AND YOU
KNOW WHAT THEY GOT? THEY GOT A BOOMING ECONOMY THAT IS GROWING
AT TWICE THE RATE OF THE AMERICAN ECONOMY, THEY GOT
SURPLUSES, THEY HAVE MORE PEOPLE WORKING, AND THEY HAVE A SOCIETY
THAT WORKS. TELL ME AGAIN ABOUT HOW DANGEROUS THE SWEDISH
ECONOMIC SYSTEM IS? PERHAPS WE SHOULD OPEN OUR EYES AND THINK
ABOUT OTHER OPTIONS. OPTIONS THAT ACTUALLY WORK. YOUNG TURKS.

100 thoughts on “Sweden Got More Socialist, Economy Now BOOMING

  1. They aren't socialist and there's what 12 million in Sweden there's what 325 million in America there's no comparison to a country that has lower population than California

  2. Sweden is very capitalist. Huge internationally competitive corporations. Businesses of all sizes. It does have generous welfare but that is not socialism. Socialism is the absence of private ownership of business. The medical system totally sucks. People die waiting for service.

  3. Cenk is a blowhard. He know nothing about Sweden. I love reading the comments of Swedes telling him he is full of it. Especially thinking Sweden is socialist. Having welfare hand high taxes is not socialist. Socialism is the illegalization of private property and private enterprise. Sweden would be shocked to discover they are socialist.

  4. you raise the tax for alcohol with the purpose of decreasing drinking
    you raise the tax for fossil fuels with the purpose of decreasing driving
    you raise the tax for working with the purpose of DECREASING THE AMOUNT OF PEOPLE THAT WORK

  5. It’s simple guys…send your money to: Department of the Treasury Internal Revenue Service Fresno, CA 93888-0015

  6. Despite being small homogeneous countries, all the Nordic countries would've run into severe economic crisis if it wasn't for immense foreign aid. It's like calling a kid successful when his parents still pay his bills, lol.

  7. The highest bracket when tax rates on high earners were above 90% in the 1950's was the equivalent adjusted for inflation of 3 million dollars today.

  8. Economy is booming and the caliphates have taken over Sweden! WTF? Open your eyes!! Beautiful people of Sweden, PLEASE GET YOUR BEAUTIFUL COUNTRY BACK!

  9. Go to Rosengard or Husby and see how great things are? Of course you actually meet any ethnically Swedish people in either neighbourhood! Sweden is also Europe's rape capital, another great 'achievement'?

  10. I always chuckle when the libs hold up Scandinavian countries as examples of how socialism works and say "see, it would work here". First off, Sweden has the population of New Jersey, roughly 10 million. They're also wealthier (for now at least, hence less need for entitlements) and irony of ironies, yes, they're also predominantly white. Again, for now at least… because as Cenk stated, there are "record inflows"…DUH! Because people see the prospect of getting free stuff and they want free stuff! Let's see how the system holds up once the percentages approach the levels here in the US. Not to mention the fact that gang shootings, sexual assault and arson in Sweden have gone up as immigration increases. The libs will wag their fingers and quickly point out that homicide is down in Sweden, but guess what? It's down in all Western countries including the US! And the homicide rate in Sweden has declined LESS than in the United States, Western Europe, and other Nordic countries, and has now increased again the last few years! And sorry but that tax rate is not 43%, which would be bad enough, but more on the order of 50% to 70% tax rates that are paying for that "booming" socialist economy (according to people who actually live there and not Cenk's hand picked percentage-of-GDP numbers from Lib Stats R Us), and that's tax rates imposed on everyone, not just the wealthiest. LOL. Bottom line- At best, their system sorta, kinda still works for some people, for now. Trying to use them as an analogy for how well it would work in the US is simply using false equivalency and is just a false narrative in general.

  11. Shut up you fat faced leftist Turk. Tell all your 3rd world welfare brothers to get their asses to work. I will always remember your expression the night Trump was elected. PRICELESS! Here is what I posted on another thread on Sweden to save me the typing time, you're not worth it.

    Every thing is "free" but we pay the highest tax rate. The ignorance is staggering. Same ignorance that has shifted to the Socialist/Communist violent left idiots in America who believe free comes from the fairy godmother. No mention Scandinavians seem one of the most depressed people and the vast majority live no better than lower to middle class lives because of the taxes and little chance of moving up. And now we're importing 3rd world skank because we're bored with what the world thinks is our "perfection." "Why is Sweden so rich" is BS, only less of the poor than some. Propaganda by Scandinavians and those promoting Socialist govern't. Frigid weather, depressing middle class lives from cradle to grave. No thanks.

  12. We are #1 now UNDER Trump, you're looking at the puny sad growth under your Messiah. I would love to see his fat faced expression….again.

  13. If you think socialism is a bad thing, you are either very very rich or very very very very very very stupid, and it's not even worth it to try to explain to you.

  14. Social Democratic Party of Sweden MPs, Don't worry…..When you are booted out of office this coming Sunday, please welcome to Somalia. You too can then experience the delights of immigration and multiculturalism

  15. Lets see how long this lasts as Blacks move into Sweden. You cant compare a Northern European culture of "work or you will die" from the elements mindset. Once you introduce a culture of doing as little as possible, then the system breaks down.

  16. Cherry picking data cenk there tax rates did not rise in 2014 there tax rates rose in 2017 after the economic expansion or boom it has since started slowing down. Though I am not claiming the tax rates are the cause. I am just pointing out the fact you are cherry picking. Also Sweden and Denmark are more capitalist than the US.

  17. "Just seeing an underqualified physcian in a low rent modular health centre without doing anything which also often is the end result if not being prescribed a prescription for something which doesnt work, and has happened on like 15 occasions for "me" personally, adding expenditures/likelyhood of revisits.

    Besides the cost to the taxpayer $150+ after paying $ 10 – 15 to get an appointment, plus salary for the personell being paid $ 12 – 20+ an hour, then there is another payment to potential staffing agencies, new personell/training/educational conferences, insurance companies, maintenance/drift-costs, rent, software licenses, it-support etc, new orders/expiration of pharmaceuticals they wont give out, and so on beside the initial contracts."

    All in all very costly, since nothing is done and no real result$ to show for it…"

    But it beats paying $500 for some saline solution (+/-) 400% price increases on pharmaceuticals or $50 000 when & if being hospitalized. Even if having a sem-decent healthcare plan and insurance."

  18. Taxes are not a sign of socialism. What sweden used was Keynes policy which has a more immediate effect, but a negative longterm effect. They did not use socialism you need to stop talking economics as you dont know what you are talking about. We lowered taxes and now have 4 percent GDP growth.

  19. American's population is very much larger thou, 30++ times larger… and might not be as discipline… Socialism didn't work very well in China without pointing guns at their people, and Chinese don't get free education, many don't even get to choose, China population is 150 x the population of Swedish, gdp gets puny with that kind of no. … I think for socialism and democracy to work, substantially educated Citizens need to be first created. It's always easier to practice Socialism successfully when population is small, which was why Hunter gatherer society practice that kind of sharing system, and only possible when actual resources are widely available. Chances are higher for successful Socialism in America than China definitely in terms of gdp and population… and without proper discipline Socialism often evolve into dictatorship, particularly if you don't have enough things to share, corruption kicks in. I won't say Capitalism is perfect, infact it's just the next best alternative to Monarchy when they were about to be destroyed by revolution if you read about how Capitalism comes about, however with proper democracy and check and balances, it's better than a failed Socialist dictator state.

  20. It's not socialism vs capitalism, it's social capitalism. Finding the balance is the key, the US is too capitalistic.

  21. This is a temporary up-tick in their economy, as the immigrants spend their government's money. Only a fool would think it's sustainable if the new 'consumers' don't begin to create something of value.

  22. I wonder how many people actually looked up all the information and put them into context of global economy trends. Maybe then you would realise, how far from truth this is.

  23. this is streight up lies. swweden has a very free market, they are capitalists!!!!!! it was the socialist policies in the 1970s that destroied their economy. they are now doing so well thanks to their capitalist reforms

  24. Sweden too different?? Copy Canada; they're basically Americans who'd rather have healthcare for all than guns, and only halfway care about all the traditional right wing issues. Canada economy has surpassed America, and 95% of the culture of Canada outside Quebec has to do with either lots of snow, or with "…but we're not like the americans!" which is only true for the points I have mentioned and not really much more… it wouldn't be a traumatic thing to clone Canada politics.

  25. Lol "a society that works". Doesn't Sweden have the highest rape rate in the world now? Hope you women like forced sex cause that's the place for you. Can someone tell me what the employment rate is for immigrants in that country?

    Edit: Sweden's growth rate is less than 1% right now. The U.S. growth rate is over 4%….. Our economy is now growing faster than China's

  26. Sweden isn't as large as The United States Cenk! Use your head. Their economy grows faster because they're a much, much much much much smaller country. You need to analyse and compare these two countries – USA and Sweden –  by taking into account each factor; size is one of them.

    They've had a corporate tax rate of 22% for quite a long time where as the USA had (during the time of this video uploading) a corporate tax rate of 35%. That's a big F***ING difference, dip-shit. In 2018 USA's corporate tax was lowered to 21% which is more in line with other major nations; since then USA's unemployment rate has decreased drastically and black unemployment is lowest it has ever been in USA!

    Also, next time please look at other sources as well. When you only draw your conclusions or support your argument using one informational source you get isolated in a tunnel vision.

    You're a horrible journalist. Learn how to construct a strong argument!

  27. Sweden went from one of the poorest nations in the world in 1870 to one of the richest in 1970 because it embraced market capitalism. Socialism can only exist after capitalism creates enormous wealth. The Young Turks tell half truths… always.

  28. Scandanavian countries are among the top ranked capitalist countries in the world and ranks higher on the economic freedom graph than America. America is regulated far more than Sweden is and Sweden has a smaller government role in economic life social safety nets don't necessarily mean socialism 😂, they are more capitalist than we are thats why they are more successful. It's funny TYT will never talk about that. They look at capitalist economies and project their views on those countries and mislabel them as socialist. This is flat out lieing sorry, 96 percent of all rape in Sweden is due to Muslim refugees that's why it's called the rape capital of the world. Yeah this is a great working model of what society should look like. Cherry picking data and flat out lieing to your views again TYT, not appreciated. Btw I'm not a conservative so anyone trying to project their parochial views and faults on me can rewind their preemptive strike and biases to my analysis right now. I'm not a liberal either I'm not a leftist, I'm not a fascist, I'm not a socialist, I'm not communist, I'm not capitalist , I'm not anything you can label. I am who I am. Try to label me all you want to make yourself comfortable with fitting me in one of your small minded boxes and solipsistic views. Not to mention on top of this USA has highest per capita GDP relative to population as well than any other country as well. It is obvious TYT is illiterate on economics.

  29. economy is not booming because of socialism you idiot…. The economy always goes up after a crisis that was worldwide. Still Sweden is falling behind countries like the Netherlands, Ireland, Norway and so many more countries they should be compared to. Its not like the socialists fix anything. Also they have not yet payed the bill for there crazy migrant floods

  30. GDP per capita is pretty bad measure of standard of living:

    Tax havens in Ireland make it seem like Ireland is rich when the average person isn't rich

    Obesity and the health costs increase gdp

    Jail and Military spending increase gdp

    Health & Education spending increase gdp, but they aren't the same as health & education outputs

    Enviromental damage then cleaning it up increases gdp

    The biggest problem is that GDP measures INPUT not OUTPUT

  31. Sure, socialism for them works. Just gotta import a bunch of immigrants and take advantage of them. Also kill off your own native culture for it. But hey, who actually needs diversity? Humanity is just better off not being diverse in the end /sarcasm

  32. US to build 20ft. high wall ,(1600mi.)along southern border.
    MEXICO to build several 20ft. deep underground tunnels along northern border.

  33. Sweden is not a socialist economy and it certainly isnt booming.
    A typical growth forecast was 2% per year. Well that prediction has been down regulated now to closer to 0.5% in just a couple of years. THIS IS A DISASTER
    And about the so called "socialist" economy… Sweden is a CAPITALIST economy, just like Milton Friedman wrote in the 80s, its just that we have really high taxes, and re-distribution of those taxes, for example health care, shooling, wellfare and such.

  34. I listened to the entire video with an open mind. If I accept all your numbers as correct, why are all of the Scandinavian countries cutting social benefits and increasing taxes more? Your numbers as normal are cherry picked.

    Just like the USA, our social welfare system can not pay for itself because more people are moving into the need of these needs and less people are in their working years.

    Also Bloomberg is a bias source.

  35. This guy's an (insert adjective) JERK. Every comment is cherry picked liberal crap, he's oblivious of balanced facts. What would happen to the "rich" if they were taxed at such high rates? I know, they'd leave taking along with their money, the jobs that they provide. Now who's going to pay for the so-called Free shit? The Young Turks, Jerks should move to Venezuela, I mean it worked out so well for those poor people. Not to mention there is NO motivation for self advancement which is what drives a strong economy. By the way, these Sweden "socialist" countries now can't get away from this environment fast enough. Maybe you should live in a socialist country for a while. Stop cherry picking facts, your dangerous.

  36. Hmm, yet you guys failed to follow up and report that after this started happening in 2014 Sweden lost over 100 billion in gdp. Talk about disingenuous reporting…

  37. U.S.A is a country of people working for the 1%. All information Americans receive is controlled and engineered to keep the people in line and make money for the rich.
    In Scandinavia is capitalism for rich and socialism for the once not rich. But this ensure that there are no poor. Here are no homeless, no beggars and everyone live decent. Free education, free healthcare.
    If your child is smart and ambitious, that child will become a doctor, lawyer or what ever, without parents money or study loans.

  38. How does one get to pay more taxes, AND spend more money?
    Is it because the government takes care of the important things?
    Is everyone taxed equally in Sweden?
    Are you allowed to be wealthy in Sweden?
    Does the government take everything from you if you excel in one area or another and become wealthy?
    Are the refugees paying their fair share or are they simply living off the system?
    These are things i would honestly like to know. Thanks for clear answers.

  39. Socialism nearly destroyed Sweden until they woke up. Taxes were up to 102% They ended these programs and did much better. After the war, we became more industrialized.

  40. What this video isn't telling you is that 2 of our 3 largest cities Malmö and Gothenburg have, well, gone bankrupt. They are staying alive by receiving an 5 billion SEK respectively 2,5 billion SEK annually in aid money from mainly our capitol Stockholm, and the few towns that still makes profit.
    In 2017, the leftwing Government made history, as the applied to make a withdrawal on FIFTY percent from our Federal Reserve. That money has historically never been touched. You don't even think of doing so if the "economy is booming". And all this in a high conjuncture, mind you.
    No, we are in a big bubble, and it will burst soon enough.

  41. Sweden is not socialist just as the USA is not entirely capitalist. The best position lies in the middle. The USA needs to find the middle ground. If poor people are not able to treat simple diseases you have not found the correct equilibrium.

  42. This is Bullshit! Sweden is far from a Socialist and have grown drastically more Market in the last Decade! There actually was a Time when Sweden was something you could consider Socialist! A Bernie Sanders style economy if you will one Based on Wealth Redistribution and high taxes on the Top 1% and guess what happened? Their Economy Stagnated and Began Collapsing! It turned out high taxes was not bringing in enough to pay for their massive welfare state! So what did they do? Well they cut Spending, Roled Back Regulation, and began Privatizing key things! For Example Voucher Based Education! Thats right they have a Voucher Based Education System where Public Schools had to compete against Private Schools and the Parents got to pick which school they want there Children to go too! This lead to better Cheaper and Higher Quality Education due too the Competition! They also have no Federal Minumum Wage laws! Wages are instead based on Unions Bargaining with the Companies! As Result they have some of the Highest Wages in the Worlds! You know what else they have a Privatized Pension System (AKA Social Security) just like Chile! The Size of the Social Security Checks is entirely based on how well the Economy is doing! But thanks to how well the Economy is always doing do too the Free Market Policies the Elders of Sweden and Chile get far larger Pension Checks than the U.S. but all I here from Socialists is how Evil the Idea of Privatizing Social Security is! And yeah they do have Higher Taxes but I wouldn't quite call it Wealth Redistribution considering the group is paying the taxes! 60% of Swedens Taxes are payed for by those who earn $50,000 or lower! And those are personal Income Taxes! Swedens Corporate Tax is drastically lower than the USA! As up until 2018 we had the highest Corporate Tax in the World!

  43. 2019 and sweden has a -0.2% gdp growth. With the same goverment that he is talking about. They did such a great job huh.

  44. More and more uneducated immigrants from third world countries are coming and they cant compete against swedes for jobs, and also they are not from the same working culture as swedes so being on welfare isn't embarrassing to them. Now we have extremely high taxes that just keep going up and eventually a poulist rebellion will breakout like in france

  45. Johan Norberg, a Swedish economists, goes into more detail for adopting of Swedish policies.

    He’s got a couple documentary one is Sweden: lessons for America

  46. It takes a little while for a socialist country to destroy itself, remember Venezuela once had the highest per capita wealth in South America, now they are eating their pets. Give it a decade to take effect, then you can say if it was a fantastic idea or not.

  47. Well , I guess that is all old News now. That finance Minister , you are referring to is just now in the US , trying to explain all money laundering with Swedbank. They are [email protected]#! If they have to pay a fine ( we are talking Billions ) and maybe not aloud to buy dollars anymore . There you have it Darling

  48. Youtube is FULL of AstroTurf trying to attack Scandinavia for having a health and educational system thats better than ours, and socialism in general.

  49. This is BS… there is no equality in Sweden. I live here in Sweden. There are poor, there are homeless, and it’s a country that thrives on mediocrity.

  50. Destroying the family by forcing g women to work is not virtuous. Latest research states that the highest 10% have 60-70% of the nation's wealth. Other studies have shown that the top 10% made 90% of capital income. Yeah. That’s equality.

  51. Bull Shit. Many many many refugees don’t work. Taxes are being increased. The pensioner age has been raised by 5 years and there’s a freaking housing crises.

  52. lol Sweden has its School and PENSION SYSTEM privatized and its doing great thank Capitalism not Socialism

  53. I feel like you Americans who call it 'socialism' are scaring your fellow countrymen away by using that term. We don't really see it as socialism. It's just the government playing its part, and business playing its part. I don't expect businesses to do the governments job, and vice versa. In countries like Sweden, there is still a market economy, we still have rich millionaires too, not everyone is 100% equal and people still struggle in a competitive economy. The big difference is of course, a larger social safety net and people are more likely to take risks to start a business. There is still some poverty but it is very limited, and mostly people from immigrant backgrounds who struggle in society or have just come to the country. Also, if you go around the city in Scandinavia the most people begging that you will see are gypsies from Romania, who live together in groups and send half their money back home to their families.

  54. Why don't we list all the countries where socialism has been an absolute disaster. All eastern block countries for a start. Young Turks continues to be out to lunch.

  55. «Socialism is when the goberment does stuff, the more stuff it does the more socialister it gets»

    -Karl Marx, probably

  56. America is drowning, and they legitimately think they can save themselves by inhaling the water surrounding them.

    I.E. it has only gotten worse 2 years later, as the Republicans have transformed into a Trumpist cult. The people there have been brainwashed to the point their physical brain structures have changed, and are both willing to and have committed murders against those who express liberal and progressive views. The 2020 elections are their last hope.

  57. Soon we will not be able to run cars on fossil fuel in Sweden, since the petrol price is rising and is currently around 6,5 USD/gallon.
    The government is pushing for a electrified future by punishing us with high petrol taxes, when electric cars in reality, still are too expensive for most people to buy.

  58. The secret to strong economic growth is to flood the lower and middle classes with money to spend!!!!!!!!! MONEY MUST ROLL. Within late capitalism there is so much accumulated wealth, that TAXES do not reduce investments…………. WHY DO US AMERICANS NOT UNDERSTAND THAT SOCIALISM BRINGS PROSPERITY FOR ALL??????

  59. We socialism work in this European countries is because corruption is very low. Is it a cultural thing?

  60. Here we have Cenk wrong about Sweden. Prior to 1870 Sweden was the poorest country in Western Europe, it still had remnants of feudalism while the rest of Europe did not. By 1870 Sweden began transforming their economy towards more freedom for citizens, property rights, and generally being a Capitalist country. As the Swedes did this, they went from the poorest country in Western Europe, to the richest country in Europe up until the 1950s. One could argue at this time 1870 to 1950s the Sweden was the most Capitalistic country on earth, certainly in Europe and was the most free. Sweden with their economic miracle and success in Capitalism decided in the 1960s to redistribute the wealth and become leaning towards Socialism.

    First things were fine, but by 1979 industries in Sweden began to collapse under this new system. With the high taxes, some of the rich fled Sweden to go to more business friendly countries. By 1994 Socialism officially failed in Sweden as Sweden declared bankruptcy. Nobody wanted to buy Sweden bonds. After 1994, which is the worst economic year for Sweden in modern history, the Swedes began to repeal allot of their welfare programs and reduce the size of government and balance their budget. The Swedes repealed allot of regulations, and business began booming again. The Swedes still have bigger redistribution of wealth than us, but allot less regulations than the US. The tax system is also different as everyone (everyone that works anyway) pays into taxes, whereas in the US, much of the taxes is shouldered by the rich.

    So Sweden's taxes are much more fair in terms of everyone paying as opposed to the US and there regulatory environment is much better for business than the USA. Sweden learned their lesson from socialism from 1960 to 1994.

  61. and two years later, the swedish currency has now lost 40% of it's value, and is now worth less than during the financial crisis. You were saying?

  62. This is bullshit… Sweden has a mixed economy…

    Private companies are the means of production in Sweden which caused an economic boom of wealth.. Sweden socialism failed in the 70s and 80s but deregulation in the 90s grew Sweden economically and socially..

  63. It's not the ammount of taxes you take from people. It's HOW YOU SPEND that money. That's why democratic socialism is very dangerous in corrupt nations like Italy, Greece, etc.

  64. They are also leading the world in Rape crimes, also not all business are wealthy and can afford raised taxes, many are struggling and if taxes are raised they will have to lay off some workforce.

  65. Sweden became rich became 100 percent socialist then failed. So they opened up there market cut taxes and became more efficient. That is the truth.

  66. Well that didn't age well. Sweden is now in a recession. In fact Sweden's economy has been in trouble for ages, even when you aired this b.s..

Leave a Reply

Your email address will not be published. Required fields are marked *