Nordic Model Of Social Democratic Welfare States: Airbags To The Juggernaut Called Capitalism

Shreya Bali, B.A LLB, (Amity Law School, Delhi, GGSIPU) M.A Public Policy and Governance (Azim Premji University)

Introduction about Eudaimonia

Aristotle pioneered the philosophy of “Eudaimonia” which means “happiness”. Etymologically, “Eu” means ‘well’ and “Daimon” means ‘divinity’ or ‘spirit’. The pursuit of a good life is a natural human endeavour. Eudaimonia is not a state or a static goal rather it is a set of activities (education, health, wealth) you do to live a good life. Deontologically, humans do not pursue these activities as an end goal in themselves rather as a means to live as eudaemons which is the end goal. These goals appear to have been realized in the Nordic region of the world wonderfully