• SCB@lemmy.world
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    1 year ago

    Finland and Norway have among the highest percentage of private investment in the world, to the extent that investment is the leading economic driver in Nordic countries.

    They are not socialist countries.

    • honey_im_meat_grinding
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      1 year ago

      The Norwegian state owns 1/3rd of the domestic stock market. Norway has a union density that is higher than China. The Norwegian democratically elected government has a sovereign wealth fund that is insanely massive and can tell the corporations it invests in how to behave through voting shares. Norway owns and operates 70+ state owned enterprises that are well above the average private enterprise in how they profit. Norway heavily taxes natural resource extraction so that private businesses don’t get unfettered access to the land they supposedly own. 65% of wealth in Norway is owned by the state.

      Try again buddy. It’s very funny that you respond to “socialism-capitalism” is measurable with a dichotomous, reductive statement that Norway isn’t socialist at all. It really highlights your bias lmao

      But I’ll do you one-up: I predict you’ll respond with “socialism is not when the state does stuff”. No, it’s when a country increases democratic ownership of its economy. You’ll notice that is the pattern in all the stuff I listed above.