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Norway is not socialist in the "means of production" sense. The means of production, be it machinery or brains, are privately owned. The government owns assets
by ptaipale 8y ago
Norway is not socialist in the "means of production" sense. The means of production, be it machinery or brains, are privately owned. The government owns assets that are exploited in this production - primarily, the oil fields - but not means of production.
- NPC32419419 8y agoErrmm, and STATOil rings the bell?
- djrobstep 8y agoYou're being very incoherent. > The means of production, be it machinery or brains, are privately owned. They are not. The government literally owns the bulk of the wealth. Not only in the oil sector but in a wide variety of industries, both directly and through the fund.
- Gravityloss 8y agoYou are correct in the sense that the government owns 67% of Equinor (formerly Statoil and Norsk Hydro): https://en.wikipedia.org/wiki/Equinor https://en.wikipedia.org/wiki/Equinor And controls the oil fund.
- ptaipale 8y ago"Wealth" the government owns is often just "wealth" or "resources" rather than "means of production".