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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.

some territories are moderated

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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