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> the young people talking about socialism almost universally mean the Nordic style social democracies It's just plain wrong to call us Nordics socialist. We h
by sampo 5y ago
> the young people talking about socialism almost universally mean the Nordic style social democracies
It's just plain wrong to call us Nordics socialist. We have free market economies just like all Western countries.
https://www.vox.com/2015/10/31/9650030/denmark-prime-minister-bernie-sanders https://www.vox.com/2015/10/31/9650030/denmark-prime-ministe...
- vidarh 5y agoMeanwhile, something like 1/3 of the market cap on the Oslo Stock Exchange is state owned, the second largest media group is owned by a public benefit corporation, the largest bank is owned 34% by the government and ~10% by a foundation with a public benefit mandate. At the same time Norway has a more expansive welfare system than most supposedly socialist countries. It's fair enough that they're not fully socialist by any means, but for a lot of socialists the Nordic model is far closer to what they want than e.g. China.
- distances 5y agoIndeed, but the Nordic approach is what the people talking of "socialism" usually mean. Not command economies.