Johnny Munkhammar skrev på denna blogg från 2004 till sin död 2012. Bloggen är upprätthållen som ett minne och som referens till Johnnys arbete av Johnny Munkhammars minnesfond.

This blog was operated by Johnny Munkhammar from 2004 until 2012 when he passed away. This blog is now in a memorialized state and operated by the Johnny Munkhammar fund.
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Monday 2020-07-06, 05:03:49

2005-01-26 16:12:10
A Different Perspective. Recently, I talked to a young woman, a successful professional, who now lives in Sweden but was born and raised in China. We talked about the differences between those places, and she said:

"To me, China is capitalism and Sweden is socialism. In China, the differences between people grow, everything is up to you and development is very fast. Here in Sweden, it is more the same for everyone and government takes care of people."

China has an annual economic growth rate of 9 % and Sweden about 2 %. Thus, the Chinese economy doubles in 8 years and the Swedish economy doubles in about 40. She has a point in her description of the two economies - and it is showing.

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