Having been to Norway twice, I always wondered how the economic system allowed for the rich and equal system to thrive. This perfectly explains it! Thank you for making this video!! Keep me in your Prayers as I am applying to work in Norway!
It's a bit of a lie though. There is a lot of poverty here and inequality too - not as bad as the USA, but the USA is the worst in the developed world.
Det hadde vært fantastisk hvis nesten episoden vært også tilgjengelig med engelsk subtitel. Jeg tenker om mange folk utenfor Norge med hvem jeg ønsker å dele denne. Tusen takk for showet, jeg er innvandrer og lærer veldig mye av det!
@ Ona Yes , Ona, I speak Norwegian fairly well and this programme is very funny and thought provoking at same time . We have so much rubbish in UK TV. Not sure if subtitle would work though . You have to understand certain things about Norway to really enjoy it.
I love how apparently the US (and Canada for that matter) has basically decided that while we want grocery store clerks to exist, we don't think they deserve to have nice things like vacations.
I love my country so much The ads here are also insane, but I’m so used to them now, that when people point it out, I think to myself «Oh yeah, that is kinda weird how they made a BDSM joke in an ad for some smash chocolate»
12:42 *Note that NHO is a EMPLOYER Union.* The other two are worker unions and its a combination between them negotiating, with the government and their overall regulation and laws in the background. The government however usually does not intervene in the negotiation.
@@fornighttan Yup - the Nordic "triangle model". Labour, Employers and the state as a mediator. That's why none of the Nordics have a minimum wage, and yet wages are very high.
This is amazing, thank you for posting it and the subtitles. I had an idea how the northern system worked but I wasn't aware of the details of how it merged itself with capitalism. It is clear that in order to strive as a nation that doesn't want to be fully capitalist, there must be some concessions, i.e. the taking into account the import-export at the moment of paying sallaries. I wish more countries would do this, currently here (Argentina) we're going through an economic crisis that can't seem to be put out, but it's basically all because of corruption in politics. I'm as broke as it gets and you can't get a decent job if your life depended on it. The average paying job is around the equivalent of $350 dollars a month and the cost of living is above $600. We do have free health care and education and if your entire direct family is poor you get some government help, but it's all band-aids on a gushing wound. But it's nice to see some parts of the world aiming in the right direction.
@@prebenand 600 is 5,162.88 accordign to google. But there's many factors to keep in mind. Argentina is not as expensive as the US, Rent starts at around 100 dollars and ususally an acceptable place will be between 150-200. And the Argentinian peso is so inflated 1 dollar equals around 150 pesos, so that makes for a lot of ranging. Still 600 dollars is not enough for a comfortable living, and someone working 40+ hours a week has the right for a comfortable lifestyle.
@@William_Alex The people that made the video took their time to do it, it has reached me somehow, and the information it holds is interesting for me and it helps me educate myself on matters I was not as well informed before seeing the video. The question is, why not?
@@nicolasnod7359 , have you considered taking a seasonal job in Norway? You can work in agriculture or at a restaurant and earn somewhere around 7-9000 USD in three summer months.
God kveld! TV-showet ditt er enestående,og spesielt. Det tar i betraktning veldig viktige temaer og fakta. I tillegg er det også spennende, og morsomt. Jeg elsker det. Og du er veldig, veldig sympatisk! Kjempebra !!!👍❤ Med vennlig hilsen!
Absolutely loved it.what a great system. It's great to see that unions actually take welfare of everyone as the end goal. This shows the nature and values of the people. Love from India. Edit: but wouldn't cost of living and expenses also factor in the equation.
Mayank Singh Thanks for your nice comment. Much appreciated. Good point. When salaries increase, prices also go up. But as long as strong unions and small wage differences lead to increasing productivity (as it most often do - contrary to common belief), everyone’s purchasing power increase as well. A well functioning capitalism and unions can work in tandem making everyone better off.
I came to this to have something to improve my Norwegian listening skills (I'm learning the language). This was both great practice and incredibly interesting!
Harald Eia speaks bokmål, which is the "writed dialect" in Norway. He was a comedian in the 90s, when I grew up. They had some really funny shows and skits :) Now he does scientific gameshows and information based segments on TV. He is one of my personal heroes, by how he wants the general public to up their knowledge. I wish you the best of luck in learning/understanding our language :) What an honor.
@@niigu There is no such thing as a Bokmål dialekt. It's one of our written languages, there is a reason why BOK is in the name. He is speaking Oslo dialect which is pretty much the unofficial standard spoken Norwegian.
@@Ozzianman Harald doesn't speak Oslo-dialect. He is from Skien/Porsgrund-area, and they have a lot of -ær/-ane endings of the spokens words instead of -er/-ene. He has mor of a Vestfold/Telemark-dialect. And the "clean"-spoken dialect in the media from back when radio was the only means of communicating with the people, and later adopted/transferred when TV was introduced is actually called "Riksmål"...roughly translated as national language, meaning that the spoken word should be close to the written language... The other language, nynorsk, have nothing in common with that. It's a idiotic language, compiled by a much "hated" man called Ivar Åsen. Åsen was the founder of "the science of norwegian language", and travelled across the country back in the 1840's and more or less wrote down common structures in the different dialects around our kingdom, and in simple terms, come up with and average of those dialects.
Takk for denne interessante episoden. Dette har eg opplevd som norsk-amerikansk arbeider i begge landa. The one big thing I think is missed here is that Norway is also a relatively privileged country in that it is not (any longer) bothered by colonial powers. When less privileged countries try to empower workers, take control of their economies, and improve quality of life, colonial creditors come knocking with sanctions and austerity and military force. Norway has been allowed to empower its society largely unimpeded by colonialism in the contemporary era. The prosperity of everyday Norwegians also came after its independence from Denmark and Sweden and then the end of occupation by Germany. I remember hiking Kongevegen and seeing historical signs about how Norwegian peasant men living along the road were required to basically stop what they were doing when a noble wanted to cross and to ferry them over the mountain. Not a lot a person can do to better their situation when they live in subservience. One could say that this is in some ways what is happening to working class people in the US... The origins of this “service culture” and of tipping for example have been traced to slavery.
You're making great points here! It's not often I hear someone mention how externally forced austerity hinders and impedes a country's development, but it needs more awareness. Thank you!
For me it was surprising find, tho logical when thinking, those negative aspects of Norways economy. For example 'service innovations are low. The public sector is very large, while the private sector is underdeveloped. The oligopolistic structure of the market, the lack of competition, is part of the reason for Norway's high prices'. I am finnish myself. I have nothing but respect towards Norway and its people. I feel that we are family. This video was enlightening in a way that i learn that oil is not the only reason to Norway's success. Thats why I am proud of them. Overall, all nordic countries can be proud about development we achieved in last 200 years. My own country has the lowest gdp of five nordic nation. But we are not so far away from the others/nordic medium. But we were the most poor of the all other nordic areas. We were poor longer than others. But i feel that we start to come closer to "nordic standard", where Norway is a finest example. Lets not forget as an nordic citizens, that we can enjoy and learn from this era. We were backwaters of europe and undeveloped less than 200 yrs ago. We have to understand that nothing is granted, or permanent in this sense. Humans are only one race, all over the globe, nobodys better than other. That i know is fact, based to my own life. Only different times, different places. I stop writing now as i start to feel sleepy at last...zzz.. Sorry. ❤ from Fin I intentionally started "offensive" sides of economy in Norway. Yeah, i have learned it from watching US political theatre. Try to be loud and peg a fight, so u can be seen. Blame Trump about this😅...i hate that man...
Actually very close to my macroeconomics lecture manly attributing it to technological growth combined with a stable labour share income due to strong unions.
Yes, give us more episodes! Guess people from US would call this "socialism" right away. The fact that it works (whatever it is called, maybe Frodoism) speaks for itself, however. By the work, do people in Norway work less hours? All these robots should allow to work only 20 hours.
When talking about differences of pay between two places, you need to also include cost of living and taxes. The governmental services available is also important to consider when they cost out of pocket in one area, but not in another.
Please do another one on inflation and its fallacy. Ha Joon Chang has lots of stuff which is partly closer to your ideas. His book 23 things they don't tell you about Kism is a great one. I am a professor of Economics in India. Would be great if I can join your efforts. Thanks a lot for your great insightful videos. I am great fan of yours.
I'd like to point out, with American doctors, that doctor-education in America is supposed to be super-expensive, whereas doctors in Norway have free education.
The educational system is financed through higher taxes. It's not free. Rather obviously; even Norwegian schools and universities need to pay their teachers, electricity bills, ... and what have you not.
That is correct and something that is not taken into acocunt here, earning as much as Norwegian Doctors for the US Doctors would probably mean they would have problems with paying there house loans and education loans and what not of other expenses. The education system helps a lot in higher educated individuals not have to take huge loans and therefore can live very comfortable with a lower salary probably somewhat equal to there US counterparts, probably why there is litte complaining about it.
@@maa1649 The cost of a full medical education in the US won't cost more than a million dollars. A physician in the US will earn that million back (compared to a Norwegian physician) in a decade. Over a full career, american physicians come out WAY ahead in total net earnings. Way ahead.
@@CalvadosKid Yes ofc. We like to say we have free school and health care, but everything is funded through the tax bill. I do not mind that particular one, but there are other idiotic things our tax money is being spent on which I'd like to see otherwise. But health and education is tax money well spent because it is not a charity but an investment. If you educate people you invest in them and later they will deliver on that investment. In this country even foreigners get free university.
I think every country in the world should strive to be like Norway's government, I'm not saying that the same norwegian system will work on all countries, but at least the world leaders should pay attention on what things could work and adapt it to their countries system.
Perhaps if more countries had a sovereign wealth fund of Norways proportions and a population under 5 million as they do, more countries would do this. I ageee that it is a great place now, but 2 generations ago the people were starving
Jeg skulle ønske du la ut en oversatt versjon av episode fem også, slik at jeg kan hjelpe amerikanske venner til å forstå forskjellen på det de kaller welfare og vår løsning. Takk for en kul serie.
Most Americans don't know the difference between capitalism, socialism, communism, and fascism.😅 Thanks to a broken education system that is underfunded.
Money is not the condition of happiness. While in Mediterranean culture , Italy or Spain people usually do not speak well about its country because it is something cultural , a lot of times you can check than in Norway is bad seen to speak bad about Norway .
@@HisWordisLife4U There were plenty of them in Las Vegas when I was there. But then again I've seen them in many countries in Europe too, specially in Spain.
@@HisWordisLife4U Haha...I know right. Was so baffled first time I met a dude in the bathroom who wanted to give me aftershave while I was half shit faced
So if you live in Norway and want to get ahead,take advantage of the basically free university system and then move abroad for a while..or go into finance.
Or just stay at home, and have a nice, stable income and living standard (all inclusive, with child health care and higher education basically free), in a peaceful, happy society. Why the hell should I want to go abroad to "get ahead"? That is such an American way to think. You can have enough material comforts, and instead of chasing ever more, instead concentrate on more important things like your kids, spouse, family, friends and nature
With truly insane level taxes,ridiculous cost of living and record high inflation on the way on every level sending the Consumer prise index trough the roof even further. I hope you are independently wealthy,know how to dodge some of those taxes and to hedge out some of that inflation.
harald, jeg har en kompis fra england som har lyst å lære mer om norge, og jeg syns denne serien hadde vært ypperlig. dessverre er det ikke lett å finne engelsk tekst (tenkte å rippe fra NRK-siden men er ikke engelsk tekst der heller, forutsigbart nok.) jeg så for 1 år siden at du hadde kommentert at du skulle prøve å få til flere episoder med engelsk tekst, men det har ikke skjedd enda. kan du få ut fingen og sette i gang, eller?! chop, chop
I feel like in terms of economic growth, equality and prosperity our economic system is one of the best. Naturally greatly helped by our natural resources. I do feel though that a society that bases itself so much on trust from others paradoxically give people more cold personalities. People think more individually instead of collectively like humans should, along with making people more naive. You expect people to act a certain way and when someone doesn't it gives you a shock.
Yet nearly 50% of youths gets a Bachelors degree or higher....... While you can make okay money as a cashier you will still make more with an education.
"In turn this means thriving for higher education and higher skilled jobs pays off less" both yes and no. if you get higher education that gives an higher payed job you get more than others that choose an lower education, but you would not get the same difference as in USA. so you could choose to work as a carpenter (2 year high school+2 year trainee and then passed exam) and get 45000$ a year or you could take education as a vet (3year high school, 3 year degree plus 2 year master) and get 115000$ a year (for private, vets working for the government got less at around 55k but have other benefits as more payed time off and extremely high rates if needed to work overtime) also as Øyvind points out, high school and university education is "free". you would need to pay for own books but a lot can be bought used and if you need to rent most have low price campus and there is a state loan for students to pay for renting, food and "whatever" where 1\3rd is being deleted of if you pass the studies and there is no interest while studying and its quite low when your done.
Also higher education is also tuition free for foreigners as well. If I was an american I'd come over here to study as many of my friends already have done.
@@frosty6960 i actually live here and can confirm, living on minimum wage here is almost exactly like living on minimum wage in the US. Upper middle income is probably a tiny bit better in Norway. Keep in mind that you're taxed 34-50% on your income, and 15% on all foods and drinks (25% on all other goods). In addition the housing prices (and overall prices) anywhere near cities are comparable to LA.
@@dboff The social benefits those taxes covers is one of the things that differs a poor norwegian vs a poor american. Only one of them gets medical services. The welfare network in Norway also makes it very different from US.
@@frosty6960 Yes, different, not superior. If you're transparent about the extreme tax increase this would bring to the average US citizen, you'll find that the majority wouldn't want it.
This wouldn't work in the US because of the huge supply of unskilled labor and immigration. The median American worker simply isn't worth as much as the median Norwegian worker.. A lot of them wouldn't be able to find employment if employers were forced to pay them $20+/ hour. And a lot of Norway's wealth (but far from all of it) really does come from oil. It's not a coincidence that you have the largest sovereign wealth fund in the world. Most of that money came from oil, not productivity gains ;) But great video!
Oil comes into it, but the UK, Netherlands, US and more, also had/has oil. The US has oil and it uses its oil money a lot more (we store in in the biggest fund in the world) so their salaries increase a lot more than ours! Of course it would work in the US as well. Do you think Norway had mostly an educated work force, full of engineer from the 1930s? It does require a structural change. Give people free education, and the low skilled workers become well educated ones. You have to regulate firms as well, granting more rights to the workers, focus more on health and security and of course actually have unions. The only reason this wouldn't work in the US, is that even our right most politicians, would be far left in the US. All of this would be called communism. Bernie Sanders is to the right of our Høyre (the dominant right wing party) by a far margin. The US could also face focused on a model like the Norweigan one, but if I remember correctly, it was voted down. By that, I mean that the US government voted on how they were to spend government money to boost the economy. WW2 had shown that the US could become number one in anything the government backed. They voted down healthcare and education and instead voted for military spending. At the time it was thought that the increase in production would be the same, no matter what you spent government money on, but that the increase in health and education might give a small bonus compared to everything else. It was still voted down. I can remember that incorrectly, but if my memory serves, there are official documents for this. We probably wouldn't have had internet before many years later, or cloud storage, personal computers and the likes, if the US hadn't chosen this, but they still chose not to focus on the education and health of their citizens. All this is just to point out that the only reason this doesn't work in the US, as you said, is because the people, or the government, doesn't want it to. And all the money in the fund comes from oil. Nothing from productivity. We also have a rule for how much of it we can use each year, as to keep it growing and to never run out. The current administrator of the fund thinks he will be the person to have lost most money in all of human history, since the stocks will at some point plumet
Norway was fine without oil. All this oil talk is the propaganda from a political party which claims to have built norway. Arbeiderpartiet says a lot of nonsense. Norway would be fine without oil.
@august4633 norway had an incredible mainland industry just 30 to 40 years ago. People forget this very fast. The sovereign wealth fund would come from other sources later on anyway. Norway is incredibly lucky when it comes to natural resources. We have recently discovered minerals that would make the oil industry dwarf in comparison. All in all, taxes are the thing :) And don't listen to arbeiderpartiet, they claim a lot of things that aren't true. Norway has been an average Joe economically for a long time and in later periods amongst the richest in Europe. Norway had amongst the largest merchant fleets in the world, greater than the UK and USA.
Really informative, the only thing I would point out is the cost of food in Norway is a lot more than say America. But that isn't always a bad thing because it does mean that the farmers are proberbly getting a fair payment for the food they produce.
NO jmitterii2 For 11 md. siden (redigert) I actually did a study on effective taxes of Sweden, Germany, Canada, France, and Austria basing it on taxable income (after deductions) of an individual non-married no kids $50K, based it on Idaho resident as I am. We pay more in taxes than all those countries plus we pay a substantial amount on medical premiums even if employed and co-payments. We're really screwed on our taxes here. When you add medical insurance premiums such as an employer plan to their medical deduction, their effective taxes are way lower on those incomes of $125K individual and $175K joint taxable income earners. Seriously, add up all of our state income tax (if applicable), Federal income tax, payroll, and you can budget a food cost for any applicable sales tax, as Euro members collect taxes about as much via their version of sale tax (VAT tax). And since they all have universal health insurance, special pension programs, etc. It comes out we pay more effective taxes and especially more withdrawal toward a 401K match and medical insurance, than they. Really, we're getting screwed hardcore. Its no wonder many other 1st world nations look at us as they also look at some other idiot nations. We're a bunch of idiot rubes the way we handle our economy and finances. House tax Am In the United States, there are different rates for the different states, while many places are more than 2.5% in property taxes on housing. That means in a home that costs $ 1 million for example. Connecticut wants a tax of more than $ 20,000 every single year, and a tax of $ 160,000 on housing, and it has to be paid by everyone, those who earn a lot, those who make little money, retirees, etc. etc.
Also, the fact that we found oil might still be the reason why our economy is doing well because of the safety it gave us to sit down and think about how to properly organize. Education is something people that feel safety do.
Yeah its all good and dandy but everything is also as expensive. Your salary will be sufficient... if you buy the cheapest stuff or don't eat outside. So we can't be equal and looking at equality as a means of X profession should earn as much as Y profession ,is stupid. People specialize themselves for a reason and should be rewarded accordingly.
People who are specialized have more education and higher student loans (to pay cost of living, education is free) but they *still* only work 37,5 hours a week and usually have a *much less physically demanding job* so exactly why do these people living the easy life deserve 3 times more money? Is it because they managed the amazing feat of not dropping out of their free education? (Disclaimer: I am one of the people who live the easy life, I am a programmer. My motivation for specializing is because I am *interested* in the thing I specialize in, and I get to work with something I like, *not* because of the money although it's a nice added bonus)
@@haakonht well yes and no, you are assuming those that didn't choose to specialize, did so because they found their passion in a more physically demanding field. So a freshmen who studied hard, should be earning as few as someone who opted into working as a salesforce employee who still works 37,5 hours a week? No. As you point out, education is free yet those who actually study and put resources into being more accomplished still earn just a few more than those who didnt? doesn't seem fair
It's still mostly oil or average gdp per capita would had been still more or less the same ratio as 100 years ago. Why Norway is richer than Denmark, Sweden or Netherlands for example if not for oil?
15:26 Hvordan er de faktiske tallene? Mener bare, det er letter å øka fra 1 til 2 en fra 500 til 1000. Tegner dette faktisk ett bra bilde, eller er det litt selektiv utvelgelse av dataen her?
Det er ikke lettere å øke fra 1 til 2 enn å øke fra 500 til 1000, fordi begge tilsvarer en dobling. Hvis du bare kan legge på 1 hver gang, så trenger du riktignok å legge til en gang på 1, og 500 ganger på 500, men det blir ikke riktig å tenke slik i denne sammenhengen. Det er bedre å tenke at hver 1-er er med på å legge til en ny 1-er, så 500 1-ere legger til 500 hver, så det blir det samme. Når man snakker om økonomi så kan man ikke snakke om absolutter, men om vekst og andeler. Hvis det går dårlig for to bedrifter, at en verdt 100 kr og en verdt 1000000 kr går ned 10% i verdi, så går jo den verdt 1000000 kr ned mye mer i absolutt verdi, men relativt til utgangspunktet så har de jo falt like mye. Statistikken Eia viser sier jo at den totale merverdisummen av økonomien fordelt på hver innbygger har blitt større i Norge enn USA over samme tidsrom. At vi gjør ting smartere kan være en forklaring, men hvis man antar at begge hadde ca. samme økonomiske utgangspunkt (som blir nevnt tidligere mtp Norge i Europa i 1913) så kan det peke på at vi gjør noe bedre, hvertfall noe som reflekteres i BNP. Det kan også være andre grunner, men statistikken vist sier fortsatt at Norge har en større økonomi enn USA per innbygger.
@@HagenTheMaster Selvfølgelig er det letter å øke fra 1-2 en fra 500-1000. Penger lever ikke i ett vakuum og det er ekstremt mange andre ting som spiller en her. Om jeg spør deg om du kan doble pengene mine som en investering i meg og jeg sier jeg har 1 krone er det enklere for deg å satse en krone på meg en om jeg sier at jeg har 1 million. Der er helt klart en viss nettverkseffekt som spiller inn så snart ett lands økonomi begynner å rulle, men de absolutte tallene har fremdeles enn viss gravitasjon mot midtpunktet når det kommer til kostnaden av en enhet arbeid. Det er en oversimplifisering å si at bare fordi det rent regnet tilsvarer det samme i relative termer vil spille seg ut i den virkelige verden som en ren matematisk funksjon. Jeg tror jo også at det å avfeie viktigheten oljen har hatt for oss, og sikkerheten og fleksibiliteten den gir oss(via oljefondet) er en feil. Tror den spiller mer inn her altså en det klippet gir utrykk for :/
The workers movement is LO and YS. LO is the National Collection of Unions and how it interacts with the 'Rich&Equal' system is explained 9:58-onwards. LO and YS are 'the Unions'. Basically LO and YS(like LO but more limited) negotiate withe the national organization for Employers, NHO, on wages.
well basically sweden has the same type of system.. However I think america has some advantage as their nation enterprises are less regulated.. in some aspects that is good for the economy.. but our enterprises in scandinavia are much more healthy in general..
Well, it's definitely easier to be an entrepreneur when you have cheap labor running down your door trying to accept the lowest salary in a government sanctioned race to the bottom. Sucks for the workforce though.
This is incredible Lower high paying job wages Raise low paying job wages Fix shit America is so broken because you either have to be a selfish dick or kind and smart One makes you successful and one makes you sad Can you guess which one
Can somebody tell me from Norway Do norwegian guys fight at the school and at clubs like in other countries? Are norwegian guys free to experience bi curiousity like girls in all countries? Or they feel uncomfortable to talk about bi experience because they are hetero.
@@stefanjoksimovic9087 what are you even asking? People don't just randomly go "bi-curious" out of nowhere, and your phrasing of "are they ready" makes it sound like someone is demanding people to try bisexual sex. Some people who define themselves as "bi-curious" are just gay/bi people unsure about their sexuality, in which the labelling would just be temporary. alot of other times it's straight people being curious about the sexual experience due to other reasons or influences. Very rarely does an act of "bi-curiosity" actually lead to any "realization" of them having a different orientation. Creating the notion that people "have to" experiment to truly understand their orientation fully is completely ridiculous anyway. Most people are confident in their orientation and understand it. And even in the few "closet" cases, a person would generally come to terms and realize their orientation without the need of a sexual experimentation part. Sex is only a portion of an oriention (and one that is purely a temporary stimulus), the strongest and primary asset would still be the actual romantic attraction.
@Viktor Birkeland So there is at school violence and at the clubs? There are boys who want to show how they are strong and masculin fighting with other boys?Do girls find strong man with big selfconfident attractive?
@@stefanjoksimovic9087 No - In Norwegian schools you learn mathematics, language and biology.Fighting or bullying is prohibited at school Fighting can be done at a boxing club or in martial arts. In biology, there is a certain percentage of people who are gay, bisexual or heterosexual and that number is the same all over the world. We are not influenced by stupidity but by science. Nor are we religiously influenced to believe in idiotic manipulated opinions.
Now remember he is speaking about averages. It does not represent INDIVIDUALS and their potential, it represents group potential. - if you are alright with being mediocre and that the government more or less take 1/3 of your salary then Norway is a great country. (Joe Sixpack.) - if you are alright with being your best and also allow others to be as good or better than you then Usa us a great country. (Elon Musk.) Norway also often struggle with price discovery because the organizations and the state often peg values. And if you anyway want to compare this and that.. yes Norway was found to be one of the best countries... ...for average women. (Empathy/Sympathy and Egalitarianism.) For the average man I think it was Brazil and Russia but I don't remember that documentary.. find out yourself. Factors: Norway is mainly ethnic Norwegians with kind of a hivemind. Americans aren't majority ethnic American, and focus on what the Law says not the Majority. Remember also Spain and Usa have a higher population AND that productivity of a group (company/nation/federation) follows exponential decay.. 100 people 10 good do 50%>>1000 people 900 people only manage/mount to 50% And anyway New Zealand is currently the "best" country as it mostly leaves individuals as well as business alone. ;)
Haha, it says everything about you that you think Elon Musk, a complete charlatan that would happily give his workers COVID so he can get his yearly bonus, is an example of being "better". You inadvertently point out the flaw of the system with such an example, lol. I bet you think Elon is an inventor, don't you? If you're happy with scumbags making ludicrous, undeserved amounts of money for providing nothing of value, while the remaining 99% of the population goes neglected, it's a great system :) You are just factually wrong on every level. Norway has far higher average quality of population by every metric. Move to the USA if you like it so much, but don't spread ignorance.
Ingeniørenes og legenesl lønnsamenligning: Hvis vi hadde brukt betaling per time istedet for per år ville lønsforskjellene blitt vesentlig mindre per time arbeid. En US ingeniør greier sikkert å produsere 3000 skjorter per år mens en norsk ingeniør greier halvparten på halve tiden.
What about the people who aren't worth the hourly wage? They end up as a governmentally (and partly municipally) subsidized underclass. And the experience alone of having parents in the welfare system, augments the risk substantially of their children never working
Since we also have free education a lot of people then takes education to scool themself in to a fitting job. In fact NAV (social services) facilitate this. For example if you loose your leg in a work accident, you can be schooled into a job you can do whitout your leg. This again does keep many people in work, contributing to society.
@@feonor26 true. We all pay for the education in form of taxes, also we pay a small fee for enrollment. But as you say it's money well spent. I'd rather have a system like this instead of a privatised system like the US have. Same with healthcare.
Well, the American taxes are some of the most expensive in the first world while being at a relatively low rate. A higher tax rate does not mean a more expensive tax when you are talking about two countries. Tax is not some universally identical package, and considering how little is in the American package, what you're paying for it, and what you are forced on using your net salary on it's a very expensive deal.
@@mmchayek This is my field sir. Median net income is lower in the u.s. You cant look at the average, you have to look at the median income. This is because the top is pushing the average up to a much higher degree than the bottom is able to push it down. But you still have to adjust for price differences and what people are forced to use their net salary on of course. What people earn is not what we're trying to find out, it's the median purchasing power of course.
@@mmchayek you should check out David Cross' video here on youtube titled "why america sucks at everything", where he actually goes over this in a very non-complicated and easy-to-understand manner. americans actually have very low disposable income compared to most other developed countries.
Hello, I ask for humanitarian help. This is my father. You will understand this. Video. Use an interpreter. It is in Arabic. Thank you. Help her. We are dying every day in this life.
Clerk 369k a year. Dumbest I've ever heard. This is ridiculous stats not based on facts. Lol I think Harald should go a lill trip meeting "regular" peeps in Norway. But I have a suspicion he is very "snobby" and looks down on peeps. Right 😂
This system wouldn't work in an extremely populated country. Losing jobs to technology would mean that the people would have to upskill themselves constantly. If technology disruption makes 10 people redundant in Norway, it makes 1000 people redundant in India. The 10 people in Norway now can learn other skills and get employed, because 10 jobs would be easily available due to the improvement in business. But in India, these 1000 people will have to fight for the 10 new jobs that have opened up. Merely upskilling will not get you the job. This is where the oil money becomes useful. With the backing of the oil money, Norway could afford to create this social system. For example, people who lost their jobs to technology can sustain on funds provided by the State, while they look to make themselves more employable. If India or the USA suddenly wants to put in place such a system, though it will benefit the country in the long run, millions will suffer in the short run. If people lose jobs in India, there is no net for it to fall on.
It's pretty complex. It's not only a matter of population cause for example Germany is a very populated country and has a system more similar to Norway than USA. It's mainly a matter of ethics and low corruption. People trust in the state government inside this system.
@@priyambadadatta1497 Maybe they are, but that does not apply much to country politics. There are countries with more than 50 million people governed better than countries with less than 10 millions.
@@giuliom3564 true. I am not denying politics or saying the population is the single evil. Just pointing out that population too is a factor in making the people of a country poor.
Mate, I’ve got to take issue with your example of the grocery baggers. What you describe is a false dichotomy. I’m an Australian living in Norway, and I must say the experience of buying groceries is the most miserable part of being here.. the dark winters included! In Australia, the cashiers also get a reasonable salary, BUT THEY ACTUALLY WORK FOR IT. They pack your bags as they scan, not sit on their lazy asses and throw plastic bags at you whilst carelessly crushing your newly purchased stuff with a divider. All the grocery chains in Norway do it. They have no one to blame than themselves when they get replaced by self-scanning checkouts, as they are not providing and value added service.
As a norwegian cashier, we are not lazy. Im sorry you find it so difficult to take your own grocery in bags. You managed to get them on the cash register, then you can also take them down. You know that u have to bag your own groceries in self-checkout right? grow up :)
@@MaRie-hq2ef I understand, no one likes being called lazy. Unfortunately, it’s the reality. Your attitude also helps to illustrate the general indifference to providing quality service in the branch. Have a nice day :)
do you not see yourself as lazy? I do not just stand there and scan items, i greet people, handel the «post» and scratch cards. when there are no people i clean the register, shopping carts and fill on items. Dont look down on cashiers
Imagine being this upset that people working minimum wage shit jobs won't pack your shit, then calling them lazy of all things. Machines are better either way imo
