• @[email protected]
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    1 year ago

    What you’re referring to is called a “mixed economy” https://en.wikipedia.org/wiki/Mixed_economy

    And you’re right - there are scales with capitalism and socialism weighing against each other in basically every economy. Finland, Norway, France are examples where it’s tipped a bit more in favour of the “socialism” side. But the US has plenty of elements of socialism, from housing coops in the Bronx, to utility coops in the midwest (that helped pave the way for the electrification of rural America), to credit unions, to welfare policies, to the Alaska social wealth fund, and I could keep going.

    • @SCB
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      1 year ago

      Finland and Norway have among the highest percentage of private investment in the world, to the extent that investment is the leading economic driver in Nordic countries.

      They are not socialist countries.