Class 8 - Denmark

Class 8 - Denmark - Agenda, Class 8- Globalization and the...

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Agenda, Class 8- Globalization and the Welfare state Firm updates Firm updates (today) Time for teams
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Going Dutch: American capitalism vs European Capitalism 52% tax vs. [35% + 6.2% SS + State & local tax + real estate tax + property tax] Allowances for schoolbooks, 70% day care ($14,000/child/year), vacation money (8% of salary) & paid vacation for minimum of 4 weeks! Universal healthcare (insurance covers prenatal care, birth and after care, 7days of 5hr at home assistance.
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Going Dutch Differences between American and Dutch systems are cultural. “We look at the American system, and all the uninsured, and we can’t believe that a developed country chooses for that” Have Americans set up a false dichotomy? Left (govt control) vs. Right (individual responsibility)
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Going Dutch The Dutch have a collectivist society Suggests homogeneity A broad social-welfare system works if everyone assumes that everyone else is
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This note was uploaded on 02/17/2012 for the course IBUS 301 taught by Professor Ms.nartey during the Spring '12 term at South Carolina.

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Class 8 - Denmark - Agenda, Class 8- Globalization and the...

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