Foreign Policy Digital

The American Left Is Right About Scandinavian Socialism

And the right is wrong.

Global inequality is surging at an unprecedented pace.

According to Oxfam, the world’s 26 richest people currently have the same amount of wealth as the poorest 3.8 billion—down from 61 people in 2016. As the rich get richer, sea levels rise, tribalism flourishes, and liberal democracies regress. In the clutches of corporate giants and populist strongmen, even some of the wealthiest nations now find themselves plagued by job insecurity, debt, and stagnant wages. Ordinary people across the political spectrum are increasingly concerned that the system is rigged against them. Trust in public institutions is near an all-time low.

In response to these conditions, democratic socialism is in the midst of a revival in the United States. In the run-up to the 2020 presidential election, self-described socialist Sen. Bernie Sanders of Vermont is polling ahead of and raising more money than the other contenders, and his town hall appearance on Fox

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