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Response to PETRUS (Reply #77)

Mon Mar 11, 2019, 12:29 PM

80. And before:

And before somebody brings up the Nordic Model the nations that practice that form of economics are capitalist economies with strong unions and a robust welfare state.

I read Politics and Markets by Charles Lindblom for a graduate political science course back in 1983. Lindblom was very critical of the undue influence big business had on politics. The whole structure is set up to support capitalism. Lindblom was the president of the American Political Science Association so his book was a big deal. I believe the American Enterprise Institute wrote a critique of it of which the thesis was that big business was just one of many interest groups without outsized power. I wrote a paper lambasting that theory.

That being said his book reveals there has never been a socialist economy alongside a democratic political system. If there is a nation that has a socialist economy and a democratic political system I'm unaware of it.

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