Traditionally, the Socialists of Britain and West Germany have talked the old-fashioned language of nationalizing nearly everything, and nearly always lose elections; the Socialists of Scandinavia scarcely mention the word nationalization, promise plenty of welfare benefits to everybody, and always win. Last week the Socialists of Sweden, who in 28 years' rule have left 90% of the country's economy in private hands, were returned to office for an eighth straight time, and by an increased popular vote.
Once again, welfare was the vote winner. Last year the Socialists introduced an old-age pension...
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