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You do know that all OECD countries, have a mix of Capitalism and Socialism right?
Most known is the Scandinavian modell, which creates the most wealth and best life for its citizen by just about all measures.
Your fault is you think Socialism is Marxism or Stalinism or Communism.. and see, by that you already failed.
The definition of socialism is collective (or state/government) ownership of the means and distribution of production. To what extent is that the case in Scandinavian countries? I understand that the nation of Norway owns the largest share of their oil industry, but off the top of my head, I don't know of other examples.
For the most part-these countries are very much Capitalist, with private ownership of the means of production and voluntary agreements between owners, customers and employees. They have generous social programs, funded with extremely high taxes. But the source of the funding is, at least largely, Capitalist.
Slightly different take-is there anywhere that has nationalized their industries that are doing well?
The definition of socialism is collective (or state/government) ownership of the means and distribution of production. To what extent is that the case in Scandinavian countries? I understand that the nation of Norway owns the largest share of their oil industry, but off the top of my head, I don't know of other examples.
For the most part-these countries are very much Capitalist, with private ownership of the means of production and voluntary agreements between owners, customers and employees. They have generous social programs, funded with extremely high taxes. But the source of the funding is, at least largely, Capitalist.
Slightly different take-is there anywhere that has nationalized their industries that are doing well?
We are a social Democracy.. So every time somebody Rightwinged talks about Democrats want Socialism, they mean Communism. While is very clear that 95% of the posters on the left who talk about socialism, does not want communism, but a Social Democracy, like the Scandinavian model.
So, when Bernie Sanders and AOC talks about they want to be more Socialist, like Denmark. That means a Social Democracy.. not Communism.
I live in Norway and earn 2x the national average salary as do my wife.. and I pay 36% tax.. Is that much? I think its a bargain for everything we get in return?
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