Maybe your term paper was about the (excellent!) analysis Marx gave on the failures of capitalism? Because almost all I'm reading, except the comment you replie

Maybe your term paper was about the (excellent!) analysis Marx gave on the failures of capitalism? Because almost all I'm reading, except the comment you replied to, are market-based approaches with a healthy dose of victim-blaming for poverty. The "nordic model" has actually very little to do with Marxism. Marx didn't write about money, he wrote about power, specifically economic power. Experiments with that idea all failed because it's a very bad idea to randomly give people power (or, as it happened in most of those experiments, give it to the government). There's a newer idea which people are generally advocating when they mention Scandinavia which so-called "Social democrats" came up with: just redistribute (some of) the money. Leave enough to the wealthy to leave incentives intact, give enough to the poor so they and their children can live a somewhat normal life. I believe it's worked quite well for almost all countries that have tried it.