this post was submitted on 24 Aug 2024
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[–] magic_lobster_party@fedia.io 4 points 2 months ago (2 children)

The simple fact is that Scandinavian countries are not, by any reasonable definition, socialist.

That’s your first link.

[–] givesomefucks@lemmy.world 3 points 2 months ago (1 children)

Scandinavia and the Nordic countries can be best described as social democracies. Effectively, they’re democratic countries in which its citizens are well cared for.

Some refer to this as democratic socialism, though this is far from correct. Some economists refer to it as cuddly capitalism, contrasting with what is seen as cut-throat capitalism in other Western countries.

And in Germany, Germany is called Deutschland...

What they have in the Nordic countries is described as socialism virtually everywhere else.

In America advocating for a 1/10 of what they have gets jumped straight to communist.

It shouldn't be a surprise that context is important.

Yet here we are

[–] magic_lobster_party@fedia.io 5 points 2 months ago

Socialism has a clear definition. Scandinavian countries are not even close to be in this definition. It doesn’t matter what uneducated Americans believe.

I like the name Cuddly Capitalism. It describes our economic model pretty well.

[–] Blue_Morpho@lemmy.world 0 points 2 months ago (1 children)

So you want the US government to own 67% of all US oil companies and have all the profit go into a state fund.

https://www.oslo.kommune.no/english/welcome-to-oslo/norwegian-society/cultural-building-blocks/the-norwegian-oil-fund/#gref

Because it isn't socialism, you'd vote for the US government to take over the private oil companies, right?

[–] magic_lobster_party@fedia.io 5 points 2 months ago

I’m Swedish, so I can’t vote in US.

Just because some companies are state owned, doesn’t mean it’s socialism.