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The danish social policies are a bait and switch and the effects are not known yet. But i think its safe to assume the country will end up poorer than Venezuela sooner or later. They just have much more wealth and human capital to squander than Venezuela did.
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I don't think that will be the case unless they become less of a free market. According to the heritage org, they have the 9th freest market in the world.
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You are assuming the 8 other countries are free markets
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The demographics are much different
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If Denmark has human capital then it won’t be poorer than Venezuela which had more oil than human capital
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It had human capital
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And corruption. Denmark is a cleaner country than Venezuela ever was
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It’s not a communist banana republic
Very wrong prediction
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