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Comment by pavlov

This is one of the underappreciated benefits of the Nordic-style welfare state: everybody can afford to fail.

Unfortunately it's rarely discussed in society as such. The political parties that built these welfare states have traditionally been associated with worker unions, and entrepreneurship isn't high on their agenda. The Nordic right-wing parties got ideologically married to Thatcher-style neoliberalism and prefer to yammer endlessly about tax cuts instead of thinking about how the welfare foundation can help entrepreneurship.

Fortunately there are some successful people who talk about this. For example in Finland the Supercell founders (gaming company with $10B exit) have been emphasizing the importance of the welfare structures for enabling entrepreneurship opportunities.

parent pavlov 3 years ago

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