this post was submitted on 17 Jul 2023
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[–] urgenthexagon@lemmy.ml 3 points 1 year ago* (last edited 1 year ago)

A theoretical question: How do you think social democratic politics could be implemented in a peripheral or semi-peripheral country? In the core countries, it's evident that successful social democracies are built not only on national resources but also on the exploitation of the periphery and semi-periphery, through which corporations and capitalists generate profits which are then taxed back into the country. So, what would make a social democratic world fairer than other forms of capitalism? There have been attempts to implement social democratic economies in peripheral regions, for instance, the often-mentioned Venezuela and Bolivia are much closer to the Norwegian economic model than to Cuba.
What could a peripheral social democratic government do at all if, after winning an election, the capitalists would simply withdraw their capital from the country and/or sabotage the government, while using their media to portray every measure taken by the government in a negative light?