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Topic | Another victory for Socialism! Maduro becomes dictator of Venezuela |
luigi13579 07/31/17 3:53:16 PM #54: | darkphoenix181 posted... https://en.wikipedia.org/wiki/Nordic_modelThe Nordic model (also called Nordic capitalism[1] or Nordic social democracy)[2][3] refers to the economic and social policies common to the Nordic countries (Denmark, Finland, Norway, Iceland, and Sweden). This includes a combination of free market capitalism with a comprehensive welfare state and collective bargaining at the national level.[4][5] The Nordic model began to earn attention after World War II.[6]Little product market regulation. Nordic countries rank very high in product market freedom according to OECD rankings.[11]The Nordic model is underpinned by a free market capitalist economic system that features high degrees of private ownership[5] with the exception of Norway, which includes a large number of state-owned enterprises and state ownership in publicly listed firms.[26] I've bolded the large parts of the above that you ignored. The Nordic countries have elements of both capitalism and socialism (they aren't mutually exclusive). I don't know anyone who would argue to the contrary. ... Copied to Clipboard! |
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