Sometimes the centre of gravity pulls leftwards, when voters rebel at grotesque wealth side by side with shaming poverty; the rich child who cannot fail beside the poor child with no chance, greedy bankers beside hospital cleaners not earning enough to keep their family. In political economics that calls for a bigger state and better public services, more taxing of the comfortable to help the unfortunate, lower pay at the top and a higher minimum wage. Redistribution redresses the deformities of the market. The ethical short-hand says: sharing more fairly, we all do better morally and economically. The Nordics are the model.
Really? When the Nordics don\’t have national minimum wages? Well, at least Sweden and Denmark don\’t.