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The Scandinavian countries are all in essence "nanny states", great to live in if you are not too ambitious or entrepreneurial. Also because of low-population density and abundant natural resources, their experiments with regard to social-welfare have worked. Unfortunately, that model cannot be replicated in the rest of the world, let alone highly populous countries.


> great to live in if you are not too ambitious or entrepreneurial.

While it clearly hasn't worked out this way (yet) having that social safety net actually should encourage entrepreneurial activity since you have a lot more freedom to fail. Once you succeed you sell out though, because it's easier to grow/expand in other locations.


The observed result is people are not encouraged to do anything out of the ordinary because the current life is good enough and the reward for success is just big taxes, so the system is encouraging the status quo.


The labor laws make it hard to hire and fire. So yeah you can start something, but can't do much if the employee does not work out.


Abundant natural resources? Finland only has timber, hardly the stuff of billionaire dreams :-)


Sweden has a lot of entrepreneurs for being a pretty small country and has historically been pretty friendly to companies.




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