^^Well, I’m not sure it is as vicious as all that, but the taxes required to support systems such as those in the Nordic countries (which includes the Scandinavian countries and Finland) cut into the profits of the wealthy, who make their money primarily through the Borse, or stock markets of Helsinki, Stockholm, Copenhagen and Oslo. It doesn’t mean that they don’t get rich, it just means they don’t get rich as quickly. Most are truly patriotic, proud to be Norwegian or Swedish, or Finn or whatever, and take pride in the fact that they don’t have the poverty and related social problems that they see in countries like the US. The citizens of the Nordic countries have the stock markets of the world available to them as well, including the US, more volatile markets where they can make a killing, but the risks are much higher. It is possible to hide the profits in off-shore banking, but most don’t do this, it’s too much trouble.
The wealthy of the US see this and use every means available to them to prevent Social Democracy from coming here. They will not have higher taxes, they will not invest in their own country through their government , and they are capable of simply moving to estates anywhere in the world if it becomes too unsafe or a cesspool of poverty and felons. They are true believers in the Trickle Down effect, happy to let their fellow citizens fight over the crumbs at their tables. They are not patriots. I think the feeling is, “No hard feelings, but…”