[wing-_-nuts]

Yes, now ask someone from a nordic country about how best to balance capitalism with regulation and social safety nets. I think you'd get a very different answer.

[CamperBob2]

Step 1: start with a vast reservoir of oil revenue and a culturally-homogeneous population

[selimthegrim]

You mean the country that immediately asked for help from a country with vast oil reserves and a famously heterogeneous population (Iraq)?

[wing-_-nuts]

I must have missed the fact that sweden, denmark, and finland had vast oil reserves. Also Sweden's population is now ~ 20% immigrants.