r/PeterExplainsTheJoke • u/Melodic_Judge_129 • 8h ago

Meme needing explanation Petah?

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u/[deleted] 8h ago edited 7h ago

[deleted]

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u/Own_Policy8854 8h ago

We could redistribute wealth to prevent it from pooling and creating economic disasters in the first place.

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u/rsneary129 7h ago edited 7h ago

Capitalism: a system so great it needs to be bailed out every 10 years

Edit: for those of you who refuse to look anywhere outside the US, the Nordic model has existed for over 90 years and is extremely successful. The countries that use it consistently rank highest in happiness, quality of life, work life balance, has low rates of corruption, and are economically competitive

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u/Big_Space_Potato 6h ago

whats the Nordic model called?

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u/Ok_One2540 6h ago

Nordic Track?

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u/Arlcas 6h ago

Capitalism but with non corrupt institutions

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u/USMCLee 5h ago

Basically regulated capitalism with a robust social safety net.