[Turing_Machine]

No. The Nordic countries all have market economies.

dictionary.com: a theory or system of social organization that advocates the ownership and control of the means of production and distribution, capital, land, etc., by the community as a whole, usually through a centralized government.

merriam-webster.com: any of various economic and political theories advocating collective or governmental ownership and administration of the means of production and distribution of goods

Oxford Dictionary of Philosophy: Political system in which the (major) means of production are not in private or institutional hands, but under social control.

Wikipedia (just for the heck of it): Socialism is a political, social, and economic philosophy encompassing a range of economic and social systems characterised by social ownership[1][2][3][4] of the means of production,[5][6][7][8] as opposed to private ownership.

I'm not "confusing socialism with communism". You're confusing "market economy with high levels of government spending" with "socialism".