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TopicVenezuela's inflation rate passes 1 million percent
ssjevot
12/16/18 9:13:40 PM
#24:


Anti-245 posted...
spudger posted...
Manocheese posted...
But they're not using true socialism! If only they did things my way, everything would be perfect.

Sweden is ok

Denmark is a better example since they have more state sector control of their economy than Venezuela.


Both of those countries are captialist. Why won't this meme about the Nordic model being socialist die already?

https://en.wikipedia.org/wiki/Nordic_model

Although there are significant differences among the Nordic countries, they all share some common traits. These include support for a "universalist" welfare state aimed specifically at enhancing individual autonomy and promoting social mobility; a corporatist system involving a tripartite arrangement where representatives of labor and employers negotiate wages and labor market policy mediated by the government;[6] and a commitment to private ownership (with some caveats), free markets,[7] and free trade.[8]

The Nordic model is underpinned by a free market capitalist economic system that features high degrees of private ownership[3] with the exception of Norway, which includes a large number of state-owned enterprises and state ownership in publicly listed firms.[28]
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