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 Message Boards » » Absolut Vodka is going private Page [1]  
LoneSnark
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STOCKHOLM: With a new center- right government that is determined to get the state out of businesses like banking, telephones and Absolut vodka, it can seem as if the only things missing in Sweden these days are "For Sale" signs at major border crossings.

About 150 billion kronor, or $21 billion, worth of state-owned assets is going on the block in the coming three years after the presentation of an enabling law last week in Parliament.

And even more sell-offs are likely in what is probably the biggest process of privatization in Swedish history.
http://www.iht.com/articles/2007/03/05/business/private.php

One of the last bastians of semi-socialism in Europe is privatising much of itself away. I wonder what success model will be idealized by many leftists from now on?

3/21/2007 1:55:23 PM

Flyin Ryan
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It's called corporatism, and it's practiced by both parties in America, where you socialize costs and privatize profits. It's just not called as such so the voters don't catch on to it.

3/21/2007 1:59:14 PM

Flyin Ryan
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http://www.frontpagemag.com/Articles/ReadArticle.asp?ID=3054

3/21/2007 2:53:13 PM

sarijoul
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i stopped reading the site when i saw the "jihad watch" link

3/21/2007 2:53:57 PM

LoneSnark
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The U.S. is made up of many markets. Some are corporatist, such as the markets for sugar and corn. But most are still predominantly free from Government protection outside of big events. Sure, Congress bailed out the airlines after 9/11, but after that it stopped and the airlines have been allowed to float or sink on their own, as demonstrated by their impressive ability to rack up huge losses.

3/21/2007 3:27:14 PM

 Message Boards » The Soap Box » Absolut Vodka is going private Page [1]  
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