One obvious problem with this myth is that there is no such thing as a mixture of capitalism and socialism. One may properly say "mixed economy", in that it incorporates a mixture of freedom and slavery. Advocates of political slavery contend that while Swedish people have to pay incredibly high levels of taxation and are overshadowed by a strong government (60% of GNP), they are reaping the benefits.
Unfortunately for the Swedes, that is not the case. According to Swedish economist Peter Stein in "Sweden: From Capitalist Success to Welfare-State Sclerosis", industrial competitiveness of Sweden has deteriorated sharply since the late 1960s, and now has one of the lowest economic growth rates of the OECD. Inflation is extremely high and unemployment, historically low at 1.5 to 2.5 percent, is now around 3.5 percent.
The Swedish Institute of Trade compiled statistics comparing the US to Sweden, and came to the conclusion that, with "fixed prices and purchasing power parity adjusted data", "the median household income in Sweden at the end of the 1990s was the equivalent of $26,800, compared with a median of $39,400 for U.S. households". It also found that Sweden had inferior productivity.
The international accounting and consulting firm KPMG found that when disposable income was adjusted for cost of living, Scandinavians were the poorest in Western Europe. Norway and Sweden were second and third-lowest for adjusted income. Spain and Portugal, which are amongst the freest European economies, more capitalist, were first and second.
Another example, while far away from Sweden, is North vs South Korea. Now that's an experiment. Gross National Income per capita for North Korea is 818$, South Korea is 12,646$. Exports for North Korea is 780 million dollars, South Korea is 193 billion dollars. Longevity in North Korea has dropped to 66 years, in South Korea is 75 years and rising. Same for infant death.
Government does not work. Socialism kills. That's why we're fighting against it, in the end. Lies make evil values, which make anti-life philosophies such as socialism, fascism, communism.
This assumed superiority of Sweden is based on the doctrine of "mixed economy". According to "Sweden : Poorer than you Think", from Mises Institute, "mixed economy" doctrine is composed of three main points :
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