While it is a point, the fact is that other Nordic countries, Benelux, and France all have similar attitudes to the work-life balance, and not all of them have access to infinite money like Norway does.
Correct me if I am wrong, but I think a vast majority of that money went to building bicycle and traffic infrastructure. We did not put it in the savings like Norway did.
We'll see soon how we will manage without that income - if they do actually shut down the fields.
https://en.wikipedia.org/wiki/Dutch_disease