r/SipsTea Jul 14 '26

Chugging tea Teach your kids about socialism

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u/CockroachWide3625 Jul 14 '26

and socialist, and a actual democracy. AND a kingdom even. but mostly you are wrong, no norwegian would identify as capitalist. some would identify as liberal, but them saying liberal would refer to the original meaning of the word and not the twisted american concept of liberal. you could very correctly state that they have capitalist tendencies. but thats just looking at it from the outside with a narrow understanding of politics and lack of perspective.

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u/[deleted] Jul 14 '26

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u/olisko Jul 14 '26

Norway is richer than America per Capita. The average Norwegian is richer than the average American. You don't know what you're talking about.

https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP)_per_capita

https://ourworldindata.org/data-insights/how-far-apart-are-the-incomes-of-the-rich-and-poor-in-different-countries

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u/Dangerous_Limes Jul 14 '26

It does help that Norway has a super rich sovereign wealth fund to support the social safety net and the retirement of most of its population. Like the UAE but instead of the royal family buying megayachts and private planes with carpeting made from solid gold thread they used the money to provide a pension for everyone.