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"Equality comes at a price." True and I do not disagree. I submit rampant individualism also comes at a price. Sweden, if I may, is the poster child for the Price of Equality while the US is the shining example of the Price of Rampant Individualism. Having had my fill of the latter I wouldn't mind, at all, a goodly dollop of the former. Given what you, and others, have posted it is apparent Your Mileage most certainly Does Vary. Once again, I do not take issue with that. I would maintain there is much to admire in the 'Scandinavian Model' but neither do I have any illusions about it. As much as I detest the 'US Model' I still recognize there are good things about it as well.
Over the next 50 years, or so, tho' I fully expect these two systems to be challenged. I further expect the 'Swedish Model' to be the superior system and the basis of that superiority is lagom. What I don't expect is innovative methods for dealing with the challenges to come from a Swedish Model but I do expect them from the US Model.
But the general level of pain and suffering will be greater under the US Model.
She believed in nothing; only her skepticism kept her from being an atheist. -- Jean-Paul Sartre
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