an interesting article.... echoing what several MF participants have already stated
Stossel is awesome!
it is Not a matter of whether socialism works, or does not work. a small amount is not devastating. a large amount can destroy society.
sweden works ok, with some social programs, but yes they have lots of capitalism. but,... sweden and norway have a big advantage... Lot of very cheap hydro-power (compared to a rather small population). the cost of energy makes a big difference in a society. just a thought...
countries like morocco and spain do not have massive amounts of ultra cheap hydro power. (or a rather small population).