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by gvjddbnvdrbv 2245 days ago
Socialism in the form of social democracy has built some very very nice countries here in Scandinavian.
2 comments

having a capitalist country with a large welfare system != socialism
The Nordics are more like socialist countries with a large capitalist sector. We use the regulated market as a tool where it works.
20% of Norway's GDP comes from oil pumped out of the ground and flows to the government. It's enough to cover the deficits of socialism. The others keep enough of a free market to keep things afloat, but are not known for being economic powerhouses. None have tried communal food production yet, for good reason.
Denmark and Sweden and Finland have the same systems without oil.

And yes these countries do use the market in a regulated fashion where it does a good job.