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Why don't countries go bankrupt when the Nordics have a very high welfare system?

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Why don't countries go bankrupt when the Nordics have a very high welfare system?

Since the fifties and sixties of the last century, the Nordic countries have gradually established a high-welfare model, and citizens can enjoy various services such as medical security, unemployment insurance, old-age security, and education benefits.

The core concept of this model is the popularization and fair distribution of social welfare, which can theoretically realize the basic rights and welfare protection of the whole people, and has formed a social consensus in the long run.

Why didn't the government go bankrupt when it had to bear so much welfare spending, and why couldn't other countries follow suit?

Why don't countries go bankrupt when the Nordics have a very high welfare system?

Nordic welfare

Health care and education benefits are an important part of the welfare state.

Among the benefits of health care include the provision of free or low-cost medical services, ensuring that every citizen has access to basic health care, regardless of their economic status.

In this way, the welfare state can effectively guarantee people's right to health and reduce the economic burden caused by disease.

Educational benefits include the provision of free or low-cost education and training opportunities to ensure that everyone has equal access to education, thereby improving the quality and competitiveness of society as a whole.

Why don't countries go bankrupt when the Nordics have a very high welfare system?

Equitable educational opportunities provide a platform for all people to achieve self-development and improve their social status, help to reduce the rigidity of social classes, and promote social mobility and progress.

Another aspect of the welfare state is to address the inequalities that exist in society and to ensure that everyone has access to basic living conditions and dignity.

Why don't countries go bankrupt when the Nordics have a very high welfare system?

For the unemployed, the welfare state provides unemployment benefits and vocational training opportunities to help them re-enter the workforce;

For the elderly, the welfare state provides pensions and health care to ensure their quality of life in old age;

For those who are unable to work, the welfare state provides living allowances and social services to help them lead a relatively stable life.

In general, the goal of the welfare state is to build a fair and harmonious society, and to achieve the full development of society and the whole person through the provision of various welfare services.

Why don't countries go bankrupt when the Nordics have a very high welfare system?

Welfare model

The high welfare policies of the Nordic countries are based on a strong social contract and a sense of national responsibility, and these benefits are not just for the benefit of the disadvantaged, but as a social reward that motivates everyone to contribute more to the country.

By providing free education and medical care, the Nordic countries encourage people to reach their full potential and strive to upgrade their skills and abilities, injecting more dynamism and creativity into all areas of society.

These welfare policies are actually building a more equitable and inclusive environment for society, giving everyone the opportunity to achieve their dreams, while also laying a solid foundation for the prosperity and development of the country.

Why don't countries go bankrupt when the Nordics have a very high welfare system?

In such a society, everyone has access to education, health care, and social support.

Moreover, investing in human capital and social welfare is key to achieving economic growth and social progress, and the Nordic countries can maintain their economic competitiveness and social development by providing quality education and health care, attracting talent, and nurturing innovation capabilities.

Therefore, the high welfare policy is not only for the short-term benefits of the moment, but also for the long-term development of the future.

For a long time, the welfare system of the Nordic countries has developed a unique development concept and social values, continuously improving the quality of life and happiness of the people, and making an important contribution to the stability and sustainable development of society.

Why don't countries go bankrupt when the Nordics have a very high welfare system?

The high-welfare model is standing

A closer look at the Nordic countries' model of high-welfare societies reveals that the key factor in their survival is high taxation, which is a positive cycle by governments that levy high taxes to fill the funding gap.

High taxes provide ample financial resources for the Nordic countries, enabling governments to provide comprehensive social welfare and public services to their citizens.

By using fiscal revenues in these areas, the Government improves the standard of living of society as a whole and guarantees the basic rights and well-being of everyone.

The governments of the Nordic countries have provided strong support for economic development through tax revenues invested in infrastructure, research and innovation, and other fields.

Why don't countries go bankrupt when the Nordics have a very high welfare system?

At the same time, high taxes also provide the government with more fiscal tools to cope with fluctuations in the economic cycle and external shocks, and ensure stable economic growth.

Most importantly, high taxes make the government more accountable and transparent, improving the efficiency and credibility of the government, and citizens have a clear understanding of the government's tax collection process, as well as the right to supervise and participate in how the government uses tax revenues.

This transparent and democratic tax system has effectively prevented the occurrence of corruption and other problems, and has enhanced the legitimacy and stability of the government.

Judging by years of experience, citizens of the Nordic countries also believe that by paying relatively high taxes, universal access to education and access to quality medical care can be achieved, which will bring long-term benefits to individuals and society as a whole, and protect everyone's rights and interests.

Why don't countries go bankrupt when the Nordics have a very high welfare system?

In addition, through tax payment, Nordic countries can establish a more equitable and inclusive social security system, and the government can provide various social benefits such as unemployment benefits, pensions, and disability benefits through taxes, so as to ensure that vulnerable groups in society can obtain basic living security and dignity, reduce social inequality, and achieve social harmony and stability.

It is on the basis of high taxation that the high-welfare social model of the Nordic countries can be sustained, providing citizens with comprehensive social welfare and public services, and promoting social equity and economic development.

Why don't countries go bankrupt when the Nordics have a very high welfare system?

Resources:

Why are Southern Europe and Northern Europe so different from the same high-welfare state? The Beijing News

Why don't countries go bankrupt when the Nordics have a very high welfare system?

Europe's high welfare system urgently needs to be reformed at a deep level (Reporter's Observation) People's Daily

Why don't countries go bankrupt when the Nordics have a very high welfare system?

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