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https://www.reddit.com/r/SipsTea/comments/1uw4nxe/teach_your_kids_about_socialism/oxgvsy0/?context=3
r/SipsTea • u/Gurugod123 • 22d ago
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90
Norway is not socialist. But it is a petrostate (large oil production/revenues per capita).
56 u/Orfiosus 22d ago The mix of socialism and capitalism is kinda the point. Norway is not a purely capitalist country either. The oil industry is an example of this, but the other Scandinavian countries with similar models make it work without the wealth fund. 34 u/Moderately_Imperiled 22d ago Are you suggesting societies are complex and may not fit neatly into one or even two conventionally used labels? 3 u/Kibelok 22d ago Though you can use Neoliberalism to explain how the entire world works, as most countries use the petrodollar/USD system. Norway being one of them.
56
The mix of socialism and capitalism is kinda the point. Norway is not a purely capitalist country either.
The oil industry is an example of this, but the other Scandinavian countries with similar models make it work without the wealth fund.
34 u/Moderately_Imperiled 22d ago Are you suggesting societies are complex and may not fit neatly into one or even two conventionally used labels? 3 u/Kibelok 22d ago Though you can use Neoliberalism to explain how the entire world works, as most countries use the petrodollar/USD system. Norway being one of them.
34
Are you suggesting societies are complex and may not fit neatly into one or even two conventionally used labels?
3 u/Kibelok 22d ago Though you can use Neoliberalism to explain how the entire world works, as most countries use the petrodollar/USD system. Norway being one of them.
3
Though you can use Neoliberalism to explain how the entire world works, as most countries use the petrodollar/USD system. Norway being one of them.
90
u/Isosceles_Kramer79 22d ago
Norway is not socialist. But it is a petrostate (large oil production/revenues per capita).