Uncle Milton, as typical of his contrary nature, disputes my contention that most nations on Earth are run by social democratic parties or are social democracies.
The US, the Baltics, Colombia, the Philippines, the UK and Chile are exceptions.
May I ask how do you define Social Democracy…? Almost every Latin America country (Brazil, Bolivia, Venezuela for example..) has a higher (worse – less egalitarian) Gini index than not only the US and UK but also the Philippines. Nicaragua (43.1) is the exception but is quite close to the PI (44.5).
The UK’s Gini index is better than New Zealand’s and matches Italy while it only a smidgen about Australia and Ireland.
As for the Baltics, Latvia and Estonia are at the same level as Italy.
(By the way I do understand these figures are subject to question..in the examples above I am using the UN’s estimates.. the CIA estimates place the UK at the same level as Switzerland)
I would think that income equality would be a pretty important (but not the solely import…) measure of a Social Democracy.
I said most countries on Earth are run by socialist or populist parties. I only list those countries – The US, the Baltics, the UK, Colombia, Chile, the Philippines and Somalia – that are run by parties that are explicitly hostile to socialism and are open advocates of neoclassical economics. If you can find anymore, let me know. Liberal, socialist, Communist, progressive and populist parties run the planet! Rightwing parties hostile to socialism which promote neoclassical economics are a tiny minority. Socialism rules the Earth!
Brazil, Venezuela, Bolivia and Nicaragua are run by socialist parties. They have made efforts to reduce the Gini coefficient of course, but their efforts are attacked in the US, and there are usually assassination attempts and coup attempts against them in their countries.
I don’t give a fuck about Gini coefficient. The US’ social democracy is anemic compared to that of the New Zealand and Italy. What matters are the benefits afforded to the people. They are excellent in New Zealand and Italy and anemic in the US. Income distribution ain’t everything. Gini coefficient is not that important in a state that provides no benefits.
The Baltic states are some of the few states on Earth run by conservatives that are openly hostile to all forms of socialism and are open advocates of neoclassical economics.