Comments by "Grim Affiliations" (@grimaffiliations3671) on "RealLifeLore"
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@hevnervals They don't have majority shares in all of them, but they do for a lot of them. And the combined value of their shares, both majority and minority, coupled with the soverign wealth fund accounts for 76% of non home wealth in Norway. A wealth fund that is collectively owned and distributed is socialist, especially when it's used to fund a large welfare state. Socialism has many different variations, some emphasize firm-level worker ownership ( cooperatives), others industry-level worker ownership (syndicalists), and still others society-wide ownership (i.e. social wealth fund advocates). Some think wages and salaries are problematic (e.g. mutualists), others think product prices are problematic (decommodifiers) Alberta and saudi arabia can be said to have socialist element when it comes to their wealth funds, as can Alaska. Which of course isn't the same as saying they're socialist.
Unions might not be inherently socialist, but labor unions that powerful are certainly a halmark of a socialist country and collective bargaining on that scale act as a block to the "proper functioning" of the market. And like i said, im not arguing that Norway is a socialist country (At what point does a country turn fully socialist?) im saying it's a mixed economy with, in my view, a "perfect balance of capitalism to socialism"
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