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It is a complete myth that Norway is "mostly socialist". Norway is a market economy with a strong focus on regulation and welfare for its people. If it was Soci
by kebman 8y ago
It is a complete myth that Norway is "mostly socialist". Norway is a market economy with a strong focus on regulation and welfare for its people. If it was Socialist, it would have nationalized all private property by now - which it haven't, and in fact it is in the process of privatizing even more previously state-owned products and services. Heavy taxation does not imply Socialism, although the Sovereign Wealth Fund can certainly be attributed to the Labour movement of Norway.
- cygx 8y agoSocialism does not mean government ownership of the means of production: Remember, anarchism (think Proudhon, Bakunin) is also part of the socialist movement...
- village-idiot 8y agoI believe “Democratic Socialist” would be the correct term for their market arrangement: free market with a strong government backdrop against poverty or illness.