• miss_demeanour@lemmy.dbzer0.com
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    3 months ago

    Meanwhile, socialist Norway’s wealth fund could maintain everyone’s standard of living for 400 years if they stopped working right now.

      • bloubz@lemmygrad.ml
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        3 months ago

        I upvoted for the first sentence, don’t know enough about Norway to have a critical opinion on the second one. It does sound like imperialism though. When they don’t any more resources to exploit nationaly, capitalists must go elsewhere

      • yucandu@lemmy.world
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        3 months ago

        In a democratic state, things like universal healthcare are also called “socialized medicine” because it is an example of the people owning the means of production in that particular industry.

        That’s why most countries are what we call “mixed economies”, that mix elements of capitalism and socialism.

        Norway mixes in a higher ratio of socialism to capitalism than most countries. But they don’t export any more of capitalism’s issues to the third world than other countries. It’s something to emulate, not discredit.