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Why does Sweden have a mixed economy?

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Sweden has a mixed economy with some privatization—about five percent—but populated predominantly with privately owned companies—90 percent. The nation has one of the largest and most well developed welfare systems in the world, but it is financed through remarkably high taxes. read more

Well, at the moment, a mixed economy seems to be the best option. Marxism/communism doesn't have a very good track record, and I would argue that it's mostly wishful thinking which works solely in theory. Capitalism has obviously worked out better so far, but there are some serious flaws in a truly capitalist economy. read more

A mixed economy means that part of the economy is left to the free market, and part of it is managed by the government. Mixed economies start from the basis of allowing private enterprise to run most businesses. read more

Sweden is a competitive mixed economy featuring a generous universal welfare state financed through relatively high income taxes that ensures that income is distributed across the entire society, a model sometimes called the Nordic model. read more

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