Denmark is not socialist, nor is it capitalist. It like essentially every other “capitalist” country is a mixed economy. In some aspects countries like the US are more “socialist” like in agricultural policy.
US agriculture policy isn’t Socialist in that workers control the production, but “socialist” in the since that the government controls the markets through subsidies.
For example, in the 70s their was a crash in dairy prices. To the point where farmers were dumping milk down the drain. (yay capitalism) The Carter admin, seeing the dairy industry as essential to national security (dairy was a way bigger part of the diet back then), bought massive amounts of milk at above market price to keep the farmers afloat.
You may have heard of “government cheese” as a pejorative toward welfare. Well, that’s where the cheese came from, all that milk that the government owned. People remember the children that got free cheese, but not the farmers who got government cash.
Denmark is not socialist, nor is it capitalist. It like essentially every other “capitalist” country is a mixed economy. In some aspects countries like the US are more “socialist” like in agricultural policy.
Can you explain how the US has a more socialist agricultural policy? I don’t think I’m familiar with it.
US agriculture policy isn’t Socialist in that workers control the production, but “socialist” in the since that the government controls the markets through subsidies.
For example, in the 70s their was a crash in dairy prices. To the point where farmers were dumping milk down the drain. (yay capitalism) The Carter admin, seeing the dairy industry as essential to national security (dairy was a way bigger part of the diet back then), bought massive amounts of milk at above market price to keep the farmers afloat.
You may have heard of “government cheese” as a pejorative toward welfare. Well, that’s where the cheese came from, all that milk that the government owned. People remember the children that got free cheese, but not the farmers who got government cash.
Yep correct, even still they encourage limiting production.