I am a big proponent of the Scandinavian hybrid economies. You know, a big happy layer of socialist cake on the bottom topped by a decadent layer of capitalist frosting on top.
So it is with much happy making that I am linking to this How the World Works post by Andrew Leonard (if you’re not reading How the World Works on a regular basis then you should be, it’s great for global economics geekiness.)
It turns out “That, in effect, the better you treat your workers, the more effective you are in the global economy.” All you freakish free-trader, anti-regulation, race-to-the-bottom pissheads can stick that in you pipe and smoke it.