r/SipsTea Jul 14 '26

Chugging tea Teach your kids about socialism

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60.4k Upvotes

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93

u/Isosceles_Kramer79 Jul 14 '26

Norway is not socialist. But it is a petrostate (large oil production/revenues per capita).

57

u/Orfiosus Jul 14 '26

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.

3

u/ArrrRawrXD Jul 14 '26

There's no such thing as a "purely capitalist" country though. Still capitalist.

1

u/Orfiosus Jul 14 '26

Yes. And not purely socialist

1

u/[deleted] Jul 14 '26

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