I wrote a piece for a Korean media, Slownews, in an attempt to discuss the connection between the welfare state and economic performance of Finland, i.e. Nordic model. Pursuing welfare state has been a hot debate in South Korea – whether it works or not, the benefits and pitfalls. Not surprisingly, the opposing side take examples such as Volvo and Nokia as the failure of welfare state. My story line goes: yes, Nokia went bad, but we still have Fiskars, Suunto, Wärtsila, Kone, Supercell (of Clash of Clans), Rovio (of Angry Birds) … and countless innovations (like Linux) thanks to welfare state that provides fertile ground for healthy and smart people.
The article is here (in Korean).