Comment on America continues to fall behind the rest of the world

• communist@lemmy.frozeninferno.xyz ⁨1⁩ ⁨week⁩ ago

  they don’t though, they regulate it and apply some pressure, but these are still privately held, socialism is always in contrast to private ownership.

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  • UnderpantsWeevil@lemmy.world ⁨1⁩ ⁨week⁩ ago

    socialism is always in contrast to private ownership

    The Nordic Model is public ownership of high value industry (most notably, the O&G industry). They also have universal healthcare and free education, which come as a byproduct of state owned and operated medical centers and schools. And strong union membership puts a public leash on private enterprises at the level of direct worker action.

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    • communist@lemmy.frozeninferno.xyz ⁨1⁩ ⁨week⁩ ago

      “The government controls around 35% of the total value of publicly listed companies on the Oslo stock exchange, with five of its largest seven listed firms partially owned by the state.[34]” good, but not socialism. Free healthcare and schools are not related to socialism.

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      • UnderpantsWeevil@lemmy.world ⁨1⁩ ⁨week⁩ ago

        good, but not socialism.

        Literally public ownership of means of production

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