Additional stats that makes this even more interesting are rankings of economic freedom from places like the Heritage Foundation.[1] Canada and the Nordic countries are on par with the US, and on many important factors ahead.
It doesn't follow that a comprehensive social welfare system requires state ownership of the means of production, arduous regulation on business formation, weak property rights, weak rule of law, or anti-business labor laws. All of these countries do very well when on these factors; the citizens simply choose government services (through voting) in areas of the economy where the government performs well (health care, social insurance). Sweden was capitalistic enough to refuse to bail out SAAB during the financial crisis, you can't say the same for the US and GM.
It doesn't follow that a comprehensive social welfare system requires state ownership of the means of production, arduous regulation on business formation, weak property rights, weak rule of law, or anti-business labor laws. All of these countries do very well when on these factors; the citizens simply choose government services (through voting) in areas of the economy where the government performs well (health care, social insurance). Sweden was capitalistic enough to refuse to bail out SAAB during the financial crisis, you can't say the same for the US and GM.
[1] http://www.heritage.org/index/ranking