They're social democracies, like many Western European countries (such as Germany, The Netherlands, France, ...). They're capitalist and socialist at the same t

They're social democracies, like many Western European countries (such as Germany, The Netherlands, France, ...). They're capitalist and socialist at the same time, with a nuanced pragmatism on what priority is applied where. Sometimes one prevails, sometimes the other. The Nordic/Scandinavian countries are, arguably, the most socialist of all social democracies. For example, they have the most advanced welfare system, and pay the most tax.