This is a great TEDx talk.
[Blurb at YouTube]
In which society is it easiest to get rich? Contrary to common belief, it is not countries like the US or the UK that create the highest number of rich people per capita, but Nordic social democracies like Norway and Sweden. Counter intuitive as it may sound, high taxes, generous welfare states and strong unions makes a better environment for the people who wants to earn huge amounts of money, than free markets, low taxes, and minimal government intervention. Harald Eia is a trained sociologist who works in television with comedy and documentaries. This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at http://ted.com/tedx
[My Two Cents]
In addition to what Harald says, I have always felt that if we increase the disposable income of the middle class and lower (by giving them tax cuts or higher minimum wages, etc.), rather than increasing the disposable income of the rich, we will have a much stronger economy as it will increase demand for goods & services which in turn will increase the profits of the rich (counter intuitive) as well create jobs for the not-so-rich.
Also, if we had government health insurance in the US, the US businesses would become more competitive internationally since they will not have to bear the health care cost have been rising fast. Of course we will have to fund the costs through taxes.
Finally, the talk points to “Definition Matters.” Depending on how you define rich, the ranking of countries changes. A large number of our argument are a result of each side having a different definitions. It would be good practice to make sure we have consistent definition when we discuss issues.