This post is in response to an article posted on the website for Mises Institute: Austrian Economics, Freedom and Peace. I know nothing about the Mises Institute, but judging from the content of this article, I am guessing that it is a mouthpiece for right-wing politicians. In the case of Austria, these would be the same people who applauded Anschluss and unfurled their Swastika flags when German soldiers broke down their boarder crossings with tanks.
Here is a link to the article, entitled, “Denmark Potemkin Village.”
Of course, this article rants endlessly on taxes. In the words of the great Oliver Wendell Holmes, “Taxes are the price of a civilized society.” Despite its drumbeat about taxes, there is nothing about the Danish economic system that stifles entrepreneurship, and no evidence is provided to support this outrageous claim. The article also claims that Danish people have been “brainwashed,” into accepting an economic system that is to their disadvantage. I would like to counter this. The article mentions that the economic system in Denmark discourages the accumulation of wealth. This is a GOOD thing. The over-accumulation of wealth is always the precursor of economic collapse. Look at the Waltons! They are billionaires who never worked a day in their life! Because their papa Sam created Walmart and Sam’s Club, they have inherited billions without ever lifting a finger. Is this right? Is this fair? Is this good economics? NO! Many years ago, President FDR proposed a cap on all income that a person could earn. This was derided as Socialism. But what’s wrong with Socialism? Socialism is a contract between the people and the state. In return for taxes, the people are provided with cradle to grave services such as healthcare, housing, and education. In the U.S.A., the privilege of attending college is becoming more and more a benefit available only to the wealthy. Why are colleges allowed to charge so much money to attend their schools? Why are hospitals allowed to mark up bills at an outrageous level; thereby driving up healthcare costs to the point that only the wealthy can afford decent healthcare? (Obamacare is a fiasco, should be terminated, so don’t call me a knee-jerk liberal.) The issues raised by the article are misleading, right-wing propaganda. Long live Denmark!
Denmark is a constitutional monarchy with the longest reigning royal family in Europe. The United States of America, once the envy of the entire world for its standard of living, now pales in comparison to nearly every country in the European Union in terms of literacy, infant mortality, life-expectancy, employment and cost-of-living. Three years ago, the Huffington Post published an article on how the U.S.A. ranks in comparison to the rest of the world. Here is a link to that article. One can only imagine that since this article was posted, things have only gotten worse. It should be interesting to note that in terms of child-wellness, five of the ten countries that ranked in the top ten are small constitutional monarchies. As a parting shot, I submit that the U.S.A. should abandon Federalism and adopt a parliamentary form of government. Can you imagine how much better our country would function if the executive (President or Prime Minister) was required to appear before Congress on a regular basis and defend his policies to the opposition?
For more information about Denmark and why it’s such a great place to live. Please follow this link.