Hacker News new | ask | show | jobs
by Retric 3564 days ago
I would call Norway socialist. Not because the government owns everything, but because society distributes a large fraction of all earnings. Note, defacto tax rates are what's important. Greece may have a high nominal tax rate, but nobody actually pays it. The US has a 15% tax rate on capital gains irregardless of what the nominal top tax rate is. Further, the US pretends Social Security is not an income tax.

By comparison the USSR, China, and North Korea all pay / paid some lip service to communism, but if you look at the people at the top it was not even close to communism.

PS: The real world is complicated. If you promote revolution you generally don't get whatever the revolutions talking points where.

1 comments

Norway is more of a social democracy than a democratic socialism, but I take your meaning.

Agreed, China has not been communist for some time now.