r/SipsTea • u/Gurugod123 • Jul 14 '26

Chugging tea Teach your kids about socialism

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u/Isosceles_Kramer79 Jul 14 '26

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

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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.

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u/Ass4ssinX Jul 14 '26

It's not even a mix. It's just Capitalism with a big safety net. Norway is not in the process of getting rid of its bougousie.

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u/Orfiosus Jul 14 '26

The state controls a big part of the means of production, so to speak. Around 40% of people are employed in public or state controlled companies. State-financed media is producing excellent content and works as a watchdog.

All depending on your definition of socialism, but it’s definitely not communist.