Sweden's March Towards Capitalism
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The Capitalist Welfare State, Lund University economist Andreas Bergh
explains how Sweden has managed to increase economic productivity
despite its large public sector.
Bergh says that despite popular mythology, Sweden is not a
socialist success story but instead owes its economic growth to the
lowered tax rates and deregulation of the early 1990s, which
allowed innovation and investment to flourish. Bergh also discusses
how Sweden's national voucher program revitalized the country's
educational system and warns that Americans who are hoping to
emulate Swedish success by growing the public sector are learning
the wrong lessons from Sweden.
Produced by Ted Balaker and Daniel B. Klein; filmed by Jonathan
Liberman and Henrik Devell; edited by Zach Weissmueller; with
special thanks to Niclas Berggren, Martin Borgs, Nils Karlson, and
the Ratio Institute
.
Approximately 10 minutes long.
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