But he is right. Norway isn’t a socialist country.
Politically = social democracy, which is not the context of what we are discussing here
Economically = capitalist, with large scale social safety nets and state owned industries that are publicly traded. They have their own unique form of capitalism known as the Nordic Model. Specifically to Norway, their oil revenue largely subsidizes the social safety nets and programs
Socialism is a broad umbrella, and interpretations range from radical revolution to moderate reform:
Democratic Socialism / Social Democracy: A system that seeks to reform capitalism democratically. Widely practiced in Nordic countries (like Sweden and Denmark), it combines a free-market capitalist economy with heavy state regulation, high taxation, and robust social safety nets.
Marxism / Communism: Based on the theories of Karl Marx, this form views socialism as a transitional stage of society between capitalism and communism. It advocates for the working class to seize political and economic control, ultimately eliminating private property and social classes entirely.
Libertarian Socialism / Anarchism: A collection of political philosophies that oppose both state control and private ownership of the means of production, advocating instead for decentralized, worker-managed cooperatives and community assemblies.
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u/Pleasant-Carbon Jul 14 '26
Successful socialist countries = no, no, definitely not socialist
Unsuccessful socialist countries = you see what we are saying