[ExI] Belief in Market Efficiency

[Stathis Papaioannou]

2009/2/6 painlord2k at libero.it <painlord2k at libero.it>:

>> The response of the government was to cut spending and
>> institute a multitude of reforms to improve Sweden's competitiveness,
>
> Call it "market reforms"? Or "common sense reform"?
>
>> among them reducing the welfare state and privatizing public services
>> and goods.
>
> Whoever did these (social democrats or conservatives), he did marked reforms
> not socialist reforms.

There is such a thing as good economic management and an optimal
public/private mix. A political system that does not provide for
public health and education is bad; but a political system that
socialises bakeries and shoe shops is also bad. Democracies allow the
population to try out various things and choose the one they like
best, depending on results.


-- 
Stathis Papaioannou