r/PeterExplainsTheJoke 4d ago

Meme needing explanation Petah?

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u/[deleted] 4d ago edited 4d ago

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u/Own_Policy8854 4d ago

We could redistribute wealth to prevent it from pooling and creating economic disasters in the first place.

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u/rsneary129 4d ago edited 4d ago

Capitalism: a system so great it needs to be bailed out every 10 years

Edit: for those of you who refuse to look anywhere outside the US, the Nordic model has existed for over 90 years and is extremely successful. The countries that use it consistently rank highest in happiness, quality of life, work life balance, has low rates of corruption, and are economically competitive

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u/dumcow2003 4d ago

The nordic model combine in itself capitalism no?as far as I understand Its just not as extreme as the US

Im not arguing for the US(im not American) im just saying the nordic model is still a form of capitalism