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Unlike Most Millennials, Norway's Are Rich (bbc.com)

An anonymous reader quotes a report from the BBC: Best known for its Viking history, snow sports and jaw-dropping fjords, Norway is making a new name for itself as the only major economy in Europe where young people are getting markedly richer. People in their early thirties in Norway have an average annual disposable household income of around 460,000 kroner (around $56,200). Young Norwegians have enjoyed a 13% rise in disposable household income in real terms compared to Generation X (those born between 1966 and 1980) when they were the same age. These startling figures come from the largest comparative wealth data set in the world, the Luxembourg Income Database, and were analyzed in a recent report on generational incomes for the UK Think Tank The Resolution Foundation.

Compare this with young people in other strong economies: U.S. millennials have experienced a 5% dip, in Germany it's a 9% drop. For those living in southern Europe (the southern Eurozone suffered the brunt of the global economic crisis in 2008), disposable incomes have plunged by as much as 30%. Norway's youth unemployment rate (among 15- to 29-year-olds) is also relatively low at 9.4% compared to an OECD average of 13.9%.
According to the BBC, this can be attributed to the country's rapid economic growth, thanks largely to their huge oil and gas sectors. "After seeing the biggest increase in average earnings of any large high-income economy between 1980 and 2013, it now leads multiple global rankings for wealth and wellbeing."

311 of 530 comments (clear)

  1. huh by Anonymous Coward · · Score: 1, Insightful

    Turns out it's easy to run a "social democracy" when you're floating on a sea of oil you can sell to the rest of the world. Guess Marx forgot to put that part in.

    1. Re:huh by andersh · · Score: 4, Insightful

      Please, explain Sweden, Denmark, Finland, Iceland, Germany, etc. Do they have oil? No.

    2. Re:huh by Suki+I · · Score: 2

      Might want to leave Denmark off that list.
      "I know that some people in the US associate the Nordic model with some sort of socialism," he said. "Therefore, I would like to make one thing clear. Denmark is far from a socialist planned economy. Denmark is a market economy."

      https://www.vox.com/2015/10/31...

    3. Re:huh by Anonymous Coward · · Score: 1

      So are the other countries mentioned by GP.

    4. Re: huh by Anonymous Coward · · Score: 5, Informative

      No, we don't have any free stipend or socialized income here in Norway.

    5. Re:huh by alvinrod · · Score: 5, Informative

      Actually, Norway has been quite good about avoiding the temptation of spending like drunken sailors from that fund. Also, social democracies aren't Marxist. They're capitalist systems with a high tax rate and a strong social safety net. If you look at economic freedom ratings Norway (and other Scandinavian countries) are comparable to the U.S. as opposed to the countries that follow some form of Marxist philosophy (Cuba, Venezuela, North Korea). Those Scandinavian countries even have lower corporate tax rates than the U.S. as well.

    6. Re:huh by SNRatio · · Score: 1

      Explain what exactly? The increase in earnings for milllennials in Norway is greater than the increases (or decreases) in those other countries. Iceland isn't addressed in the study. https://www.resolutionfoundati...

    7. Re:huh by PopeRatzo · · Score: 5, Informative

      Might want to leave Denmark off that list.

      Denmark absolutely deserves to be on that list. It is a social democracy in the Nordic model. Denmark has a wide range of welfare benefits that they offer their citizens, from universal health care to free education and family leave.. As a result, they also have the highest taxes in the world. Equality is considered the most important value in Denmark. Small businesses thrive, with over 70 percent of companies having 50 employees or less.

      When Denmark was named the happiest country in the world, there was an effort by right-wing jackoffs to try to paint Denmark as not really a social democracy. They are trying to bullshit you. It is listed as one of the most successful socialist countries in the world.

      --
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    8. Re:huh by ShanghaiBill · · Score: 4, Insightful

      All of the Nordic countries are more capitalist than socialist. They may have socialized health care, but most of them have privatized postal services, and some have partially privatized their schools.

      The success (if you want to call it that) of the Nordic model is due more to be Nordic than being "socialist". Greece used a similar model, but with a very different culture, and the result was a disaster. Detroit is another example.

    9. Re:huh by Anonymous Coward · · Score: 5, Insightful

      As someone who lives in one of those communist utopias in Europe it always amuses me when American shitlibs call us socialist.
      Yeah, we have high taxes and a safety net, but we are also very much capitalist.
      The difference is that we use the government to ensure that we maintain healthy capitalism rather than just a single large company dominating the market.

    10. Re:huh by andersh · · Score: 1

      All of the Scandinavian/Nordic countries have the same system. It's called the Nordic model for a reason!

    11. Re:huh by PopeRatzo · · Score: 5, Insightful

      Was that quote from Denmark's PM too complicated for you?

      Not at all. It's even more enlightening when you include the entire quote and not just the part that supports your assertion.

      "n Rasmussen's view, "The Nordic model is an expanded welfare state which provides a high level of security to its citizens, but it is also a successful market economy with much freedom to pursue your dreams and live your life as you wish."

      See, the mistake you are making is thinking that socialism and market economies are mutually exclusive. In fact, they work best in combination with each other.

      --
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    12. Re:huh by Kohath · · Score: 1

      I would say the difference is that these Nordic countries have decided as a society that they want to support people like themselves and their families. Contrast that with the US-style social spending of the last 50 years, where politicians and community activists want to support specific client subgroups at the expense of, but mostly not for the benefit of, people who work and pay their own way.

      You can hear it in the political messaging. US politicians promise to "fight for you", but implicit in that message is that they're fighting against other Americans, for the prize of spending money other people earned. I am guessing Nordic countries' politicians talk more about doing things for the entire society rather than for client groups.

      Do Sweden's democratic socialists spend their time talking about fighting Swedish domestic political enemies?

      Cuba, Venezuela, North Korea, and their historical antecedents also talk a lot about enemies. There's always a counterrevolutionary or an imperial bogeyman menacing the people there, so it's everyone's duty to support their local strongman or party leader.

    13. Re:huh by Megol · · Score: 1

      As are the other countries listed. Nobody should care what "some people in the US" thinks as they are generally badly informed and don't know the meaning of common words. Not limited to people in the US of course.

    14. Re:huh by Kohath · · Score: 1

      Do the swedish social democrats talk about fighting swedish domestic political enemies.

      Yes. Very much yes.

      Yet I've heard the Nordic countries referred to as "high trust" societies.

      Do people who don't get a government check trust social democrats? How so? Why would anyone trust politicians who call you an enemy?

    15. Re:huh by jago25_98 · · Score: 1

      Can the recent oil price crash help confirm this theory or was any effect well masked by good budgeting?

    16. Re:huh by alvinrod · · Score: 1

      I would say the difference is that these Nordic countries have decided as a society that they want to support people like themselves and their families.

      It could be that the populations of those countries are largely homogeneous. There was a study that found that trust in government was much lower in racially heterogeneous areas (PDF warning) when examining communities in the U.S.

      Even if a population is racially and culturally heterogeneous, I suspect that if there's a strong external enemy that it would override infighting among the subgroups. I don't know how well that applies in the case of Cuba, etc. though as there were a lot of people that tried to flee Cuba for the U.S. and Venezuela has seen a large outflux of people in the last year. However, I think the U.S. is too diverse for a common enemy like that to exist.

      Another explanation is that the U.S. might just be too damned big. The Scandinavian countries are quite a bit smaller. About 40% of U.S. states have more people than Denmark, Norway, or Finland and about 20% of states are bigger than Sweden. I suspect that even if you did have a racially homogenous population, that it would start to drift culturally once you reach that size, especially given the wide variety in geography.

    17. Re:huh by Hognoxious · · Score: 1

      Might want to leave Denmark off that list.

      Since they have broadly similar forms of economic organisation you might want to leave all the others off too.

      --
      Confucius say, "Find worm in apple - bad. Find half a worm - worse."
    18. Re:huh by Hognoxious · · Score: 1

      It could be that the populations of those countries are largely homogeneous.

      Don't think so. A lot of them are fairly slim.

      --
      Confucius say, "Find worm in apple - bad. Find half a worm - worse."
    19. Re:huh by AvitarX · · Score: 1

      What social democracies are planned economies?

      Most of them seem seem to focus on safety nets further allowing individuals to participate in the market (safer to take a risk, easier to change jobs).

      Germany on the other hand is called out in the summary for not having a generational improvement.

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    20. Re: huh by guruevi · · Score: 5, Insightful

      The entire EU is like that and Denmark by no means has the highest taxes. The Norse have it good because of natural resources despite their social policies. A bit like Saudi Arabia and other such places. With good investments and diversifying their future (like the Emirates and Norway are doing) their population can enjoy socialized (in one way or another) governments. Places that waste that potential (eg Venezuela and the USA) are worse off.

      --
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    21. Re: huh by Reaper9889 · · Score: 1

      âoeAnother explanation is that the U.S. might just be too damned big. The Scandinavian countries are quite a bit smaller. About 40% of U.S. states have more people than Denmark, Norway, or Finland and about 20% of states are bigger than Sweden. I suspect that even if you did have a racially homogenous population, that it would start to drift culturally once you reach that size, especially given the wide variety in geography.â

      I think the first part of your post is very reasonable, but surely population size is an advantage? I mean, many here do know divide-and-conquer which (I think, anyway) clearly applies here...

    22. Re:huh by jedidiah · · Score: 2

      > Please, explain Sweden, Denmark, Finland, Iceland, Germany, etc. Do they have oil? No.

      You mean German where kids can't move out of their parents dinky apartment not because they don't have the money but because the housing market is so distorted that there isn't anything to buy?

      Before you push nonsense propaganda, you might want to make sure some of us don't have relatives in the countries in question.

      --
      A Pirate and a Puritan look the same on a balance sheet.
    23. Re:huh by jedidiah · · Score: 1

      > when American shitlibs call us socialist.

      Socialism is the means of production being owned by the state. If you have any industries that are nationalized, then that's socialism. Doesn't matter how butt hurt you want to be about the term. It either applies or it doesn't.

      --
      A Pirate and a Puritan look the same on a balance sheet.
    24. Re: huh by jedidiah · · Score: 1

      > There is no oil in stupid america?

      South Dakota was booming with fraking for awhile before OPEC pushed the price of oil into the basement. People who were willing to move there were able to make a small fortune.

      South Dakota is about comparable in size population wise to any of the "nordic utopias".

      --
      A Pirate and a Puritan look the same on a balance sheet.
    25. Re:huh by MoaDweeb · · Score: 1

      This man is telling the truth. Look how good you have it with the Orange guy and his ilk in charge.

      --
      New Zealanders are well balanced with a chip on each shoulder. One represents Australia, the other the rest of the world
    26. Re:huh by Opportunist · · Score: 1

      It has a very different meaning in Europe. You'll actually notice that most non-English Wikipedia articles don't conflate socialism with communism. Why it is in the English Wikipedia that way I leave as exercise to the reader...

      --
      We used to have a Bill of Rights. Now, with the rights gone, all we have left is the bill.
    27. Re:huh by Opportunist · · Score: 2

      Maybe because they don't call you an enemy? At some point in your life, you do benefit from the system. You went to school? Maybe college? You get sick? Get unemployed? Retire?

      There is literally nobody that doesn't, at some point in his life, gets to benefit from the system.

      --
      We used to have a Bill of Rights. Now, with the rights gone, all we have left is the bill.
    28. Re:huh by Enigma2175 · · Score: 2

      The difference is that we use the government to ensure that we maintain healthy capitalism rather than just a single large company dominating the market.

      Tell that to the Finns that used to work at Nokia.

      --

      Enigma

    29. Re:huh by JDAustin · · Score: 4, Informative

      This whole Denmark is the happiest country is a myth because the survey ignores cultural norms. Simple example, it is frowned upon in Denmark to say your unhappy while saying your happy in Japan is frowned upon.

      Additionally, what works in Denmark won't work in the US. Why? Because the population of Denmark is 95%+ homogeneous and is about equal to the population of Brooklyn and Queens.

      Oh, and those Scandinavian countries are not socialist countries but democracies with a social-welfare state (free enterprise, high tax, high social services).

    30. Re:huh by Kohath · · Score: 1

      There is literally nobody that doesn't, at some point in his life, gets to benefit from the system.

      It’s not a benefit if you don’t get anything you truly value and you are forced to pay 50x the cost in taxes.

      You went to school?l

      Case in point. They used up 12 years of my life to provide me with 6 or 7 years worth of education. I would have been better off learning from my parents as a young child and learning on my own after that. Even at zero cost, school wasn't even close to worth the time.

      I’m sure I would have received a much better education in any European or modern Asian country at a small fraction of the expenditure.

    31. Re:huh by LynnwoodRooster · · Score: 2

      Seven out of ten dollars spent by the Federal Government goes to non-defense, non-corporate, non-religious spending.

      --
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    32. Re:huh by LynnwoodRooster · · Score: 1

      Check the percent of the population working for the Government. Those Nordic Model countries have a massive number (25% to 38%). The most important subgroup to pander to would be, in fact, Government workers. So increase taxes on all so you can continue employment/hire more at the Government level.

      --
      Browsing at +1 - no ACs, I ignore their posts. So refreshing!
    33. Re:huh by Kohath · · Score: 1

      Check the percent of the population working for the Government. Those Nordic Model countries have a massive number (25% to 38%). The most important subgroup to pander to would be, in fact, Government workers. So increase taxes on all so you can continue employment/hire more at the Government level.

      Government employment is a lot higher when health care and university education are government benefits. Those benefits fit the European pattern of providing services to the public rather than the US social spending pattern of one group of citizens being taxed to pay for benefits that go to client groups instead of the public at large.

      But yeah, I get the point: the government workers in any country are a client group themselves.

    34. Re: huh by ArmoredDragon · · Score: 1

      He's probably European.

    35. Re:huh by Synonymous+Homonym · · Score: 2

      feel free to name one, JUST ONE majority-black nation (or even a city!) that's a pleasant prosperous place to live.

      Nigeria.

      Cities in the USA where the majority of the population is poor an criminalised fail and decay into high crime hellholes, that may be because of the graduate to prison programs that the USA is famous for.

    36. Re: huh by ArmoredDragon · · Score: 1

      Except it's still not socialized, it's welfare. There is quite a distinction. The abundance of resources allow them to have plenty of money to provide plenty of welfare.

    37. Re:huh by Opportunist · · Score: 3, Insightful

      50x the cost in taxes? Are you high? My university degree costed nothing and is highly sought after worldwide. How about yours? If your country is too corrupt to run a school system, change your government to something that doesn't suck but don't blame mine for your shortcomings.

      --
      We used to have a Bill of Rights. Now, with the rights gone, all we have left is the bill.
    38. Re:huh by AmiMoJo · · Score: 2

      This illustrates why many freedom-loving Americans are confused by European socialism. Ironically it's because they don't understand freedom.

      with much freedom to pursue your dreams and live your life as you wish

      In other words it's not just freedom from things, it's freedom to do things.

      --
      const int one = 65536; (Silvermoon, Texture.cs)
      SJW, n: "Someone I don't like, and by the way I'm a fuckwit" - AC
    39. Re:huh by hunter44102 · · Score: 1

      Socialism works when everyone is a contributor and/or worker. Socialism DOESN"T work when there are more takers than contributors.

    40. Re: huh by giggleloop · · Score: 2

      ...except for in every other metric besides stock prices, you mean. Who'd have though that business leaders would react positively to an administration staffed by their own lobbyists, which views any law which regulates their behavior as "Un-American"

    41. Re:huh by giggleloop · · Score: 1

      But it's not like the CIA deliberately funnelled crack into the ghettos in the 80's so as to finance the Contras in Nicaragua ...

    42. Re:huh by OneAhead · · Score: 1

      To expand upon this, Nigeria does have pretty substantial oil reserves that are actively being exploited, yet one of this weeks' headlines was that it surpassed India as the country with the most people living in poverty. Score one for the unregulated free market!

      Als, GP should probably read up on the resource curse. Norway is possibly the first country to entirely avoid it; how they did it makes for an interesting study.

    43. Re:huh by Rhys · · Score: 1

      Not going to happen until all the religious nut jobs die off. (PS: GP, they weren't helping your schooling between the "protestant work ethic" aka schooling-as-designed-for-factory-workers and the fundies who want all science removed from evereywhere) I suspect by the time that happens the fat cats will have found or manufactured a new wedge to generate the divide they need to keep in power. Sheeple gonna sheep.

      I admit, sometimes I wonder if the American revolution was a mistake.

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    44. Re:huh by Opportunist · · Score: 1

      The revolution wasn't a mistake. Ending it was.

      --
      We used to have a Bill of Rights. Now, with the rights gone, all we have left is the bill.
    45. Re:huh by drinkypoo · · Score: 2

      Oh, and those Scandinavian countries are not socialist countries but democracies with a social-welfare state (free enterprise, high tax, high social services).

      They're not socialist, they are democracies with a social-welfare state? How is that not socialist? Try a dictionary.

      --
      "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
    46. Re:huh by ceoyoyo · · Score: 1

      None of the other real social democracies are planned economies either. They're all mixed, combining generally free market economies with strategic regulation. Just like the US. Where they differ from the US is in supporting more extensive universal social programs, especially in healthcare. Denmark does too.

    47. Re:huh by drinkypoo · · Score: 1

      All of the Nordic countries are more capitalist than socialist. They may have socialized health care, but most of them have privatized postal services, and some have partially privatized their schools.

      Wow, really? You think privatized postal service is more significant than public health care? You're way beyond reaching there, you've cut off your arm and thrown it at the argument.

      The success (if you want to call it that) of the Nordic model is due more to be Nordic than being "socialist". Greece used a similar model, but with a very different culture, and the result was a disaster.

      Ancient Greece used a "warring states" model. The nation was made up of small territories which were always fighting one another. It was their fractious nature that permitted them to be conquered piecemeal, and led to their descent. It wasn't getting together that caused their problems, it was falling apart. As well, Greece absolutely never had democracy. It was always an oligarchy. The vote was restricted to racially privileged landowners, just like the USA was at the time of its founding. The USA got over it, Greece didn't.

      --
      "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
    48. Re:huh by drinkypoo · · Score: 2

      Socialism is the means of production being owned by the state.

      No, no it is not. That is communism. Socialism is the means of production being controlled by The People... through the state, generally, unless you live in a social group too small to have one.

      Stop attacking socialism on the basis that it is communism, because it is not.

      While we're at it, "liberals" want business and not morality regulated, "conservatives" want the opposite. People attribute other meanings to those labels left and right, but they're as wrong as you are about socialism.

      --
      "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
    49. Re:huh by ceoyoyo · · Score: 1

      The EU is similar in scale (both geographically and in population) to the US. Similarly to the US (although the details differ), member states exercise independence in some areas and collective action in others. Unlike the US, things like socialized health care are the norm in the EU while they are rare (but exist, sort of) in the US.

      Some historians/demographers/economists have suggested that the differences in the US might be due to the youth of the country, and the proximity of it's pioneering colonial history. My own favourite hypothesis is that it's the US's status as one of the very few successful states created as a result of violent revolution. You naturally distrust government when your country is the result of rebelling against one, and that theme is woven throughout your constitution and cherished founding documents.

    50. Re:huh by Kohath · · Score: 1

      If your country is too corrupt to run a school system, change your government to something that doesn't suck ...

      Changing government doesn't change the schools. Schools are controlled by unions and bureaucrats and are mostly unresponsive to elected officials. But even so, US schools have a culture of mediocrity. Imposing a change in culture takes a very, very long time.

      Fortunately, education is slowly getting better as groups of about a hundred students break off from the monolithic education system and form charter schools that aren't about mediocrity.

      ...but don't blame mine for your shortcomings.

      I didn't bring up your country. European governments get mentioned by shallow people as a model for what the US could have -- as if one country can magically transform itself into another.

    51. Re:huh by PopeRatzo · · Score: 1

      Socialism works best with ethnonationalism

      Here's a pro-tip for all you younger Slashdotters out there. When someone starts using the "socialism works, but only in ethnically pure countries", you can bet you have encountered a white nationalist or neo-Nazi. You can safely ignore everything they say.

      --
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    52. Re:huh by angel'o'sphere · · Score: 1

      You mean German where kids can't move out of their parents dinky apartment
      Never heard about that.

      not because they don't have the money but because the housing market is so distorted that there isn't anything to buy?
      Buying property in Europe is expensive, regardless where you live. Well, Spain, Portugal and Greece might be an exception.

      Most people live in rented flats. And with the current interest policy of the ECB/EZB, prices for houses and flats skyrocked.

      --
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    53. Re:huh by angel'o'sphere · · Score: 1

      Greece never had anything similar to the "nordic model".

      But you are right, the mentality is so different. The greek are trickster/cheaters trying to betray everyone, even each other and it goes so far that you get wrong property tax bills from the tax authorities and you have to go to court to get it fixed (happens mostly to people who freshly inherited some land or old farm, but the tax bills are wrong by a factor of ten or more).

      --
      Cost free eBook I read (by iBook/Kobo/Amazon/ObookO/Gutenberg etc.): "The Green Odyssey" by Philip Jose Farmer.
    54. Re: huh by PopeRatzo · · Score: 1

      Without exception, Nazis and White Nationalists are a lot more honest and reliable than you are.

      I told you.

      https://youtu.be/SgpnrOUS2BE

      --
      You are welcome on my lawn.
    55. Re: huh by q_e_t · · Score: 1

      The Norse have it good because of natural resources

      Norway has lots of oil, Sweden has chromium, Danes have... mermaids?/p?

    56. Re:huh by q_e_t · · Score: 1

      AFAIK the measurement of happiness or not in a country isn't conducted just by asking "Are you happy?".

    57. Re:huh by q_e_t · · Score: 1

      They do not waste money on a military because they assume the US or some other European country will protect them when needed.

      Norway and Sweden have quite extensive militaries with national service, AFAIK. It's cheap because it's intended to basically only defend if the country is overrun. Denmark is so flat it would probably be hard to effectively defend even with a large army.

      They do not spend any sizeable amounts of money on international problems or issues.

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

      "Sweden made the largest contribution as a percentage of gross national income (GNI) at 1.40% and the United Nations’ ODA target of 0.7% of GNI was also exceeded by the UAE, Norway, Luxembourg, Denmark, the Netherlands, and the United Kingdom"

      In terms of absolute amounts, the USA was first in total spending on foreign aid, followed by the EU, but "The European Union accumulated a higher portion of GDP as a form of foreign aid than any other economic union."

    58. Re:huh by q_e_t · · Score: 1

      the housing market is so distorted that there isn't anything to buy?

      I thought the German model was more to rent until relatively late in life when you are not going to potentially be moving around for work?

    59. Re:huh by q_e_t · · Score: 1

      Nokia still exists. It's now back to the business it had before the phones - network gear. Nokia has changed core business multiple times in its history.

    60. Re:huh by drsquare · · Score: 1

      But I thought Europe was full of muslim no go zones, how can it be homogeneous?

    61. Re:huh by Synonymous+Homonym · · Score: 1

      Not to mention that the sentences for possession of crack were set higher than for pure cocaine.

      But the crime rate in Detroit rose with the ratification of the free trade agreement between the USA and the United States of Mexico, when people who previously had pension plans couldn't even afford to bury their dead anymore from one year to the next.

    62. Re:huh by KingBenny · · Score: 1

      might want to leave Germany of that list too lol ... the disparity doesnt really show in the numbers ... if i look at the statistics for belgium it says average monthly income 3000+ euros , which is EL(fucking)MAO , statistics like this "shift to the right" as they say because the top layer has an insane amount of zeroes on the bottom layer , if you want to ask that question you should say do switzerland and luxembourg have oil ? no they don't ... check population rates because that matters, all kinds of policies and ways of doing, they got banks ofcourse, the bank of switzerland and the swiss exchange are actually willing to open a cryptocurrency exchange btw (that should be green light for takeoff) norway has its natural resources which , as someone said there above or below, for some reason havent been gobbled up by private sector 0.5percenters which shines through , it gives people more leeway and breathing space and that's usually good, brains function better on oxygen as for you socialism quote, you couldnt be more spot on, the american idea of socialism is born from the cold war against communism where all things red are evil (i dont really know why socialism is linked to the colour red) , liberals (where i live) are more like "the employers union" the league of business and smallbiz (meaning not what it means on bloomberg, meaning people who earn 3000-10000 after 65% belgian taxes because they work for themselves, seven days, long days) its totally uncomparable , there to here its not "just the oil" but the natural resource CERTAINLY plays part in it

      --
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  2. Basements! by Suki+I · · Score: 1, Funny

    Maybe they lack momma's basement for carefree gaming into their forties.

    1. Re: Basements! by Suki+I · · Score: 1

      In what world is $56k rich?

      Sounds like a question for whoever wrote the /. headline.

    2. Re: Basements! by Hognoxious · · Score: 1

      Who said it was?

      --
      Confucius say, "Find worm in apple - bad. Find half a worm - worse."
    3. Re: Basements! by apoc.famine · · Score: 2

      Um, pretty much all of it. Median household income in the richest countries of the world is often right around there. For a young person in a single income household, that's rich.

      --
      Velociraptor = Distiraptor / Timeraptor
    4. Re: Basements! by jedidiah · · Score: 1

      > In most parts of this world if you earned $50k you would be considered doing pretty good and in some parts you would be considered rich.

      Not anywhere in Western Europe. Certainly not anywhere in the industrialized world that is highly urbanized.

      $50K is very respectable for American flyover country but it's still not "rich".

      --
      A Pirate and a Puritan look the same on a balance sheet.
    5. Re: Basements! by angel'o'sphere · · Score: 2

      The article says: 50k disposable income
      That means: after taxes, house hold costs, food, energy, car, insurances, especially health insurance (yes I know that is covered by taxes in Scandinavia), so yes: if you have 50k left at the end of the year, which basically means you can spent 5k per month for what ever you want: you are rich.
      If you believe otherwise you have an absurd definition of rich.

      --
      Cost free eBook I read (by iBook/Kobo/Amazon/ObookO/Gutenberg etc.): "The Green Odyssey" by Philip Jose Farmer.
    6. Re: Basements! by LynnwoodRooster · · Score: 2

      According to this website, $56,000 would put you in the top 0.9% worldwide...

      --
      Browsing at +1 - no ACs, I ignore their posts. So refreshing!
    7. Re: Basements! by drinkypoo · · Score: 1

      According to this website, $56,000 would put you in the top 0.9% worldwide...

      Having a roof over your head, a steady job, and three squares a day puts you in the ~8%.

      --
      "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
    8. Re: Basements! by Sperbels · · Score: 1

      Why do you morons post stuff like this? Worldwide wealth means shit. It's the cost of living in your country that matters.

    9. Re: Basements! by q_e_t · · Score: 1

      In what world is $56k rich?

      In about 90% of it.

    10. Re: Basements! by q_e_t · · Score: 1

      The article says: 50k disposable income That means: after taxes, house hold costs, food, energy, car, insurances, especially health insurance (yes I know that is covered by taxes in Scandinavia), so yes: if you have 50k left at the end of the year, which basically means you can spent 5k per month for what ever you want: you are rich. If you believe otherwise you have an absurd definition of rich.

      That's not the usual definition of disposable income. For example, in the UK (from the ONS) it is: "Disposable income is the amount of money that households have available for spending and saving after direct taxes (such as Income Tax and Council Tax) have been accounted for. ". In other words, after tax income. So from the $56k, you have to pay for house hold costs, rent/mortgage, food, energy, car, insurance. Still, $56k is more than my disposable income, so it sounds pretty good.

    11. Re: Basements! by djinn6 · · Score: 1

      You're mixing up disposable and discretionary. Disposable is income minus taxes. Discretionary is what you're describing, total minus taxes, rent, food and all the monthly bills.

  3. Sad thing is no other countries learning from this by mykepredko · · Score: 5, Insightful

    As I've watched how Norway has been doing over the past 15+ years with their wise use and planning of oil revenues it has been clear that the Norwegian government has been planning for the future to ensure the prosperity of their citizens.

    Now that technology is unlocking massive amounts of fossil fuels, it's unfortunate that other countries (I'm thinking of my country Canada) aren't following the example and planning for the future in the same way. I know that in Canada, there would be a major fight with Alberta to share tar sands revenue, but it would be nice if the Albertan government at least would follow Norway's approach and provide for their citizen's future.

    Good on Norway, hopefully other countries will follow their lead.

  4. Huge? by andersh · · Score: 2

    The oil & gas sector employed 1% of Norwegians last year (including suppliers). It represented 14% of GDP. However the sector is Norway's largest measured in terms of value added, government revenues, investments and export value (40%). All of the revenue is invested abroad using a SWF.

    1. Re:Huge? by msauve · · Score: 1

      "All of the revenue is invested abroad using a SWF."

      Do you know the name of this single white female? Just asking.

      --
      "National Security is the chief cause of national insecurity." - Celine's First Law
    2. Re:Huge? by andersh · · Score: 1

      Yes, she's called Sherise "Shares" Bonds.

    3. Re:Huge? by DES · · Score: 2

      Energy is a basic pillar of an economic system. Having it almost for free makes it far easier for any other sector to increase its value added.

      Norway does have cheap energy, but from hydroelectricity, not from oil. Premium unleaded currently retails at about $7.5 / gal. The entirety of Norway's oil revenue goes into a sovereign wealth fund, and the portion which can be withdrawn and spent annually (by law, no more than 3% of the total value of the fund) represents about 14% of the fiscal budget. This comes in addition to the dividends from the state's 71% share of Equinor (formerly Statoil).

    4. Re:Huge? by DES · · Score: 1

      Only about 70% of Norway's Sovereign Wealth Fund is invested abroad, and that is a relatively new development; it used to be 40%. However, the fund is now so large (about four times the total market cap of the Oslo Stock Exchange) that investing solely in domestic securities and real estate would destroy the economy.

    5. Re:Huge? by Luckyo · · Score: 1

      Norwegian salmon. Huge thing, known across fish eaters world wide, all the way to Japan.

      Norwegian hydro. That thing that keeps Denmark's grid running when it isn't windy.

      Just two examples. Want more?

    6. Re:Huge? by Hognoxious · · Score: 1

      Norwegian wood. Isn't it good!

      --
      Confucius say, "Find worm in apple - bad. Find half a worm - worse."
    7. Re:Huge? by MrL0G1C · · Score: 1

      Well any time you want to use free energy, wind is free, sun is free, water moving downhill is free, tides are free, the earth's heat is free.

      --
      Waterfox - a Firefox fork with legacy extension support, security updates and better privacy by default.
    8. Re:Huge? by Luckyo · · Score: 1

      Ah, so you want only consumer brands, and they must be "properly" branded, as in actual trademark name rather than product.

      Hint: when you need to apply so many arbitrary limitations, you're showing that you already have the outcome, and you just need to gerrymander the argumentation to fit it.

    9. Re:Huge? by Luckyo · · Score: 1

      Get caught trying to gerrymander, gerrymander even harder to pretend you weren't caught. Good job AC. You conceded your point in style.

    10. Re:Huge? by Luckyo · · Score: 1

      Concede the point, then desperately try to backpedal pretending you didn't. Truly, I see why you're posting as AC. I wouldn't want being this stupid following me on the site either.

  5. Millennial are stuffed by Anonymous Coward · · Score: 1

    The fundamental problem western economies have is that almost all of them have not been producing enough skilled workers (aka, educated children) to deal with their ageing population demographics. They have tried various things, such as dumbing down degrees, introducing welfare for working families, and pouring trillions of dollars of QE money into a succession of bubble investments, but none of these things has fundamentally increased the number of babies being born that turn into the skilled doctors, engineers, teachers etc, that we need to replace the old people who are rapidly retiring/dying.

    For example, in the UK, while some people are complaining that any net migration above ~100k is a huge and unsustainable number, nobody ever seems to realise that more than 500k brits die each year because they are old. The birth rate now roughly matches the death rate, but it didn't for a long time, so the UK needs to run a certain level of positive migration if it wants to avoid severe skills crunches over the next decade (of course there are valid arguments to be had that they are not doing enough to train their own youth, and that they are not necessarily getting the right sort of migrants). Essentially what they were doing (stealing skilled workers who they didn't have to pay to raise and educate) was actually quite ingenious, but has been largely rejected by the voters now. This same issue is playing out across Europe and even in the USA now.

    At a fundamental level, you can print money, create property bubbles, whatever, but it will not fix the underlying issue that you are going to have a growing ratio of people not working to those that do. The only way you can balance that equation is either for those retiring to consume a lot less, or for those working to transfer more of their money to those who are not. That can be done through taxes, or other rent seeking behaviour, such as property prices, but someone is going to suffer. Unfortunately the older people are a larger bloc and vote more reliably, so for now the ones that will suffer will be younger folk.

    The only way to escape this really is to move to a country like Australia that has much better demographics. Or a country like Norway where they can afford to bring in as many skilled workers as they need.

    1. Re:Millennial are stuffed by DMJC · · Score: 3, Informative

      Haha better Demographics in Australia? You must be new here. Australia has an aging population problem, high immigration, and crazy house prices. 80% of the ~280,000 new immigrants to Australia each year are settling in Melbourne and Sydney which now have median house prices of over $1 million. Combine this with worse than pre-GFC debt to income ratios and Australia is set up for a massive financial crisis in the next few years which many predict is already beginning to occur (watch the September/Spring clearance rates in the Australian property market for some entertaining viewing).

    2. Re:Millennial are stuffed by kenh · · Score: 1

      So the UK population is shrinking (deaths) at about the same rate is is growing (births), so how many immigrants do they "need" to grow the economy?

      How many unskilled migrants does it take to replace a lost skilled UK worker?

      --
      Ken
    3. Re:Millennial are stuffed by AbRASiON · · Score: 1

      Thanks for the response, saves me doing it.
      This country is fucked, big big trouble soon and the government (s) have been clueless.

      What news sites are you reading to get your (correct) information? Because most places don't have the balls to print the truth that you just did.

    4. Re:Millennial are stuffed by Hognoxious · · Score: 1

      GP could perhaps have been clearer, but don't just think about the total number of people. Think about the age distribution.

      Because that, in fact, is the problem.

      --
      Confucius say, "Find worm in apple - bad. Find half a worm - worse."
    5. Re:Millennial are stuffed by DMJC · · Score: 1

      Basically I follow the stock market, and I read https://www.whocrashedtheecono... https://www.macrobusiness.com.... and I followed the US GFC. I studied housing bubbles, not just Wikipedia, but it has been helpful and educated myself on financial history, the great depression and how bubble behavior works. It became apparent to me over 10 years ago that Australia was going through classic bubble economics where house price to income ratios were rapidly climbing above the classical safe threshold of 3-5x income to 10-13x income with no end in sight. The hardest part has been to predict when the actual crash would happen. But the fact the bubble kept getting larger was obvious. I avoided cryptocurrency for similar reasons, sure I lost out on the crazy profits but I also missed suffering the crazy losses from earlier this year. TBH I thought the mining boom ending would be the trigger to crash Aussie housing, but I underestimated the impact of immigration and Chinese money. Now that the Chinese are easing off, we are finally seeing the low interest rate fueled bubble coming to an end.

    6. Re:Millennial are stuffed by AbRASiON · · Score: 1

      Ok I figured as much, Macrobusiness is banned on Reddit Aus entirely, such a joke.

      I wonder if the Chinese money will stop personally, it's still safer here than China and if houses drop in value, it's just cheaper for them. A select few, appear to be virtually unlimited with resources. It's a huge disgrace.

      I've been waiting for this crash for a decade. I thought the prices were nuts 10 years ago. Thank god it looks like it's finally begun.
      (I'm quite concerned about my cash, I'm 100% liquid, worried about bail-in)

    7. Re:Millennial are stuffed by chihowa · · Score: 1

      This country is fucked, big big trouble soon and the government (s) have been clueless.

      The government is anything but clueless. Financial crises are fantastic methods of transferring more wealth to the already wealthy. Everything is going according to plan.

      --
      If you want a vision of the future, imagine a youtube comments section scrolling - forever.
    8. Re:Millennial are stuffed by q_e_t · · Score: 1

      It's not necessarily a problem. If the remaining workers become more productive (which has generally been true, although UK workers are 20% less productive than in, say, Germany or France, per hour worked), then there should be sufficient wealth in the economy to cover state pensions and health care, and ideally those retiring also have other sources of income. In any case, the dependency ratio, whilst it is expected to hit a high point in 15 years time, is expected to decline after that.

  6. Norwegian Blue by nospam007 · · Score: 1

    Just like the parrot I'm pining for the fjords.

  7. Re:Sad thing is no other countries learning from t by DMJC · · Score: 1

    Meanwhile in Australia, we give away our natural gas practically for free while suffering through insane domestic gas prices. Qatar which is a Middle Eastern shithole, actually collects more tax revenue from their gas exports than we do.

  8. Re:Sad thing is no other countries learning from t by kenh · · Score: 1

    The lesson is that every Norwegian citizen is deeply invested in the oil industry, and their investments are paying off well.

    --
    Ken
  9. Re:NEWSFLASH by kenh · · Score: 1

    Helly Hansen - Active Wear
    Voss - Water

    --
    Ken
  10. So Happy by techdolphin · · Score: 2

    That help explains why Norway is the happiest country in the world.

    1. Re:So Happy by DES · · Score: 4, Insightful

      United States: 14.3 suicides per 100,000 pop

      Norway: 10.9 suicides per 100,000 pop

      http://worldpopulationreview.c...

    2. Re:So Happy by Luckyo · · Score: 2

      I mean, our sad people kill themselves, so I guess it's natural selection.

    3. Re:So Happy by Hognoxious · · Score: 1

      How do they know? With Finns you can generally work out that they're somewhere between suicidally depressed and ecstatically happy but it's difficult to be more precise than that.

      http://picforfuns.blogspot.com...

      (ftboAr: He does that driving thing. Like Indy but the cars can turn both ways)

      --
      Confucius say, "Find worm in apple - bad. Find half a worm - worse."
    4. Re:So Happy by Luckyo · · Score: 1

      But we're not even Western people. We're mongols. Get on with the times.

    5. Re:So Happy by aybiss · · Score: 1

      Yeah but it's not really suicide when your toddler shoots you with the Uzi you gave them for school.

      --
      It's OK Bender, there's no such thing as 2.
  11. Re:Say again? by pjt33 · · Score: 1

    To those criticisms I would add the standard criticism of most reporting on statistics: they've given us the average (by which they undoubtedly mean the arithmetic mean), but what's the median? Are Norway's millennials as a class rich, or is it a handful with insane incomes skewing the headline figure?

  12. Re:Sad thing is no other countries learning from t by SNRatio · · Score: 1, Insightful

    What are you supposed to learn?

    Invest fossil fuel revenue in free education, generous unumployment insurance, generous parental leave, domestic companies outside of the fossil fuel sector? Also: high minimum wages.

  13. America could be the same way, it creates wealth by Proudrooster · · Score: 2

    America may not be awash in newfound oil, but the USA is a wealthy country that keeps creating wealth. Take an American company like Apple, awash in cash. The CEO gets $3 million base salary + $9 million for meeting his numbers for a total of $12 million. An Apple Genius (often a millenial) makes $15/hr and may get $10 off an Apple device for their perk.

    In your judgement, is Tim Cook is worth the same as 400 Apple Genius in terms of contribution to the company and wealth creation?

    In the USA wealth is not evenly distributed and any gains flow to the top 10% as seen in Tim Cooks performance bonus.

    How to fix it?

    Last I checked, the economy is booming and in the USA there are more jobs than workers available. It is time to use your social media skills to get organized and get a fair wage for your contribution, unless of course you think you are worth 400x (times) less than the CEO of your company.

    Who should organize?

    Apple Geniuses
    Big Box Store Works (Home Depot, Lowes, Menards, Best Buy, Walmart, SamClub, Costco, Target)
    Fast Food Workers (Taco Bell, McD;s, BK)
    Dollar Store Workers
    Convenience Store Works
    Department Store Workers

    Everyone has to do it together, or it won't work. No single company can have a competitive advantage with cheaper labor. However, most CEO's in a competitive sector like fast food can't raise wages without raising prices or cutting staff, because their competitors can still run cheaper. The entire segment needs to band together and demand higher wages/benefits.

    Millennials! Pay Attention. There has never been an better time to organize and get your piece of the American pie, or you can just settle for the crumbs.
    The question you have to ask yourself is what value do you contribute to the company in which you work?

    This worked at the turn of the century for AutoWorkers and it could clearly work again.

    https://youtu.be/vrw_WRhUfog

  14. Re:Sad thing is no other countries learning from t by AbRASiON · · Score: 1

    We're also running a total population Ponzi scheme at unhinged levels, to cover up economic issues.

    . For lack of a better word, we're raping the young of a future here.

  15. with over 70 percent of companies having 50 employ by gDLL · · Score: 1

    how is that relevant to anything ?? Most companies anywhere are small....

    Please read what the word *socialist* means : https://en.wikipedia.org/wiki/... aka the Bolsheviks

  16. Re:Say again? by 15Bit · · Score: 1

    I'm also curious about their definition of "household", as this number seems rather high to me. Are these people living at home with their parents? I've been living in Norway for 13 years now and i haven't had even half that level of disposable income. I'm sure some folk earn this much, but the average?

  17. Re:Sad thing is no other countries learning from t by 91degrees · · Score: 2

    It helps a lot that Norway has a small population. Those gas and oil reserves go a long way. And they get to export nearly all of their gas, since they use hydroelectric for most of their power. Canada probably is in a good position to do similar, but most of the rest of Europe is not quite in the same position.

  18. Re:America could be the same way, it creates wealt by Gojira+Shipi-Taro · · Score: 4, Insightful

    Everyone has to do it together, or it won't work.

    And therein lies the problem.

    --
    "Oh my God. This is terrible. This is the end of my Presidency. I'm fucked."; ~ Donald J. Trump
  19. Re:Sad thing is no other countries learning from t by aliquis · · Score: 5, Informative

    No, you idiot I kinda want to add, here in Sweden and in Finland and in Denmark too we also have not free but publicly funded education, generous parental leave and a blend of companies and also a mixture of government control and private companies if you want to add that as well.
    Also neither Sweden or Norway have any minimum wage.

    Even though we in Sweden, Finland and Denmark have all those other things you mention it's unlikely we have the same outcome as the Norwegians, at-least not here in Sweden thanks to massive shit-immigration instead ruining things.

    But thanks for playing. But that isn't the reason and Norway just as Sweden likely already had all those things before too. Except minimum wage which we haven't had and don't have.

    The difference between Norway and the rest of the Nordic nations is their oil and gas wealth which is stored into a fund which secure pensions and I think also other welfare things onward. In the 80s they found their oil and they have become richer because of the oil and gas not because of the stuff you likely are politically interested and make up is the reason they have become richer.

    The oil and gas wealth is the difference.

    Lots of European nations including the southern ones do have the other stuff you mention but clearly not the same development as Norway.

    The thing to learn if anything is that if you sit on massive natural wealth resources don't let a private company and a few rich people get it all and the profits basically for free but rather invest it wisely into stock and only take some of the profits so that it can benefit everyone and last ~forever.

    The one thing Norway have done differently is to wisely invest their money from natural resources and use it to fund their welfare / redistribute the profits to the population (in this case also by being able to have lower taxes than what we do in Sweden, Denmark and Finland, because here people have to WORK to generate all that money going into parliament spending and welfare.)

    Find a valuable resource, give the gains to your people = they get richer. Amazing how that one worked? ...

  20. Re:with over 70 percent of companies having 50 emp by PopeRatzo · · Score: 4, Insightful

    Please read what the word *socialist* means

    If you read that wiki entry, you will learn that there's nothing in there that is incompatible with a market economy.

    In fact, to quote the Prime Minister of Denmark himself (from the same article): "The Nordic model is an expanded welfare state which provides a high level of security to its citizens, but it is also a successful market economy with much freedom to pursue your dreams and live your life as you wish."

    Market economies and socialism are a perfectly compatible. In fact, you could say that one does not work without the other.

    --
    You are welcome on my lawn.
  21. Re:Check Norwegians living in US by snapsnap · · Score: 1

    There's a lot of them in Ballard neighborhood of Seattle, and they all seem to be doing well.

  22. Re:Sad thing is no other countries learning from t by aliquis · · Score: 4, Insightful

    Yeah, this, rather than the socialist and welfare approach which kinda all of Europe share but it's clearly not making people richer in the rest of Europe.

    The only "great" insight story here is that if you invest the profits from your very rich natural resources into stocks and redistribute a small enough part of it to your people (in this case by being able to keep your generous welfare while still having lower taxes than others which offer the same) they get richer!!

    If you spend it straight away you get less from it than if you invest it and don't use up too much of it.
    And if you let private global companies take the gains from it and only charge a small tax on them they the people get less of the benefits and just a few people get huge benefits from it.

    Yay. Surprising!

    Mean-while here in Sweden the taxes for ore or minerals or whatever for a mining company is 0.1%.

  23. Re:no by DES · · Score: 4, Informative

    Most of Norway's non-transportation energy use comes from renewable sources. And by “most”, I mean 99% (97% hydroelectric, 2% wind and other renewable sources).

  24. It's called Socialism, bitch. by Anonymous Coward · · Score: 1

    Aaaaand... this is what happens when you use the Common Sense and you stop following all those anglo-austrian ridiculous theories about managing a country wealth.

    When a country's wealth is managed with the evolution and welfare of its population in mind, rather than with making the richest people more rich hoping they will "give jobs" to the rest of the people, it happens that such country have sane, healthy and wealthy young generations. Sane, healthy and wealthy young generations that will keep investing in the society, will have the wealth and the time to create companies and businesses (they have indeed the time and the wealth to do so because they aren't struggling with money and wasting their lives working for 7 dollars an hour saving for visiting a dentist). Therefore, the people is able to have children, and the wheel keeps moving on and on.

    Western societies, following those absurd and suicide economics dictated during decades that says you have to fuck yourself and struggle with money working like a donkey because God, The Market or whatever else says so... have fallen into the inevitable decadency of having already several generations that were wasting their lives working like donkeys for subsistency (or even worse: going to absurd wars) instead of making the society actually evolve with their workforce and talent well spent.

    It is called Socialism. And yeah, as everyone can see, it doesn't involve "gulags" nor food tickets nor dictators with a moustache. It doesn't mean either you can't fund your very own company, have your brand new BMW in the garage of your very own house. It only takes Common Sense, and avoid having the main resources of your country (oil, wood, minerals...) in the very only hands of Mr. Burns-like billionaires, who are in fact only parasites sucking the common wealth.

    Socialism, motherfucker. Socialism. The best, fairest and more evolved organization a human society can have.

    1. Re:It's called Socialism, bitch. by hey! · · Score: 3, Interesting

      People in the US are conditioned to think in black and white. Americans even use the same word -- "socialism" -- to refer to Maoist China and the contemporary Scandinavian countries. In fact, that confusion is the whole point of the campaign to get people to use the word "socialism" so broadly. It's supposed to make you feel the same about Norway and the Khmer Rouge.

      This kind of thing is the contemporary American version of "Doublespeak" -- an attempt to control what people think by making it impossible for them to express certain forbidden ideas.

      Although it does make it hard to discuss things without triggering irrational emotional responses, in the end doublespeak is futile. We have a generation of young people who think they are "socialists" because they look at the Nordic system and it seems reasonable to them. By in large they don't embrace "production for use" or the labor theory of value, although the rehabilitation of the word "socialism" may set the stage for a comeback for those ideas too. What most them are, are socially progressive capitalists.

      --
      Post may contain irony: discontinue use if experiencing mood swings, nausea or elevated blood pressure.
  25. Used oil wealth wisely by TJHook3r · · Score: 4, Insightful

    Norway carefully used their assets whilst the UK pissed their oil wealth away. Africa is currently flogging all their mineral assets to China on the cheap to benefit a few bent politicians and supercar salesmen. Like the modern day Ant and Grasshopper!

  26. Re:with over 70 percent of companies having 50 emp by alvinrod · · Score: 5, Insightful

    I'd really need to hear what your definition of socialism actually is to square it with the notion being compatible with (or as you later suggest required for) a market (I'm assuming you mean a free one, or one that is reasonably so) economy. Otherwise I suspect you're guilty of choosing your definition of socialism post priori so that you can find one that doesn't look like a miserable failure.

    Private exchange doesn't make sense if you have communal ownership. Maybe you're envisioning something like all private companies being employee owned (i.e., you can't hold stock if you don't work there and if you work there you must hold stock) but I don't think that's ever been tried. It's almost like a guild system, only with multiple competing guilds. This system also says nothing about personal income tax or social safety nets either as you could just as easily use this system regardless of how that's handled.

    The only other thing you could possibly mean is that everyone acts as a capitalist agent, but the government takes most or all of their earnings. Essentially you seem to have private exchange in name only up since as soon as you make an exchange whatever benefit you gained from it becomes communally controlled. I suppose that works if you have a group of people that like playing free market just for the sake of playing free market. It would be a bit like playing Monopoly endlessly, only with real money that you never get to keep since just goes back in the tray. I don't know if there's a group of people on the planet weird enough to play by those rules. Maybe if the group were entirely self-selecting, but to suspect it on a population level for any ethnic group is suspect at best.

  27. Re: No, it isn't by bestweasel · · Score: 4, Interesting

    In the 1970's the UK was promised a golden age resulting from North Sea oil and gas. It seems never to have arrived, at least for most of the citizens, though we would certainly be deeper in the doo-doo without them.

    The UK sold off the oilfields (and many, many other public assets) to the private sector and takes a slice in tax whereas the Norwegians kept theirs state-owned for the benefit of all their citizens.

    Long-term perspective in the management of the government's petroleum revenues ensures that they benefit Norwegian society as a whole, and that future generations will benefit from Norwayâ(TM)s petroleum wealth. This has been a key principle in developing the financial and legal framework for the sector.

    https://www.norskpetroleum.no/...

  28. Re:Say again? by Mascot · · Score: 1

    I disagree. If a welfare state needs nearly 100% effective taxation to stay afloat, it is nowhere near sustainable. Add welfare immigration to that, and it's destined to break down. Even the head of the national welfare organization recently went to the media to raise awareness of how the system is in danger.

    Trivia: the cheapest bottle of rum I could find by a quick check of the booze monopoly (state run, of course), is $65.

  29. Re:NEWSFLASH by DES · · Score: 2

    You haven't heard of any Norwegian brands because Norwegian industry exports very few consumer products, apart from seafood. It exports—among other things—oil, gas, lumber, aluminum, nitrogen, artificial fertilizer, ships, ship handling systems, petroleum prospecting and drilling equipment, subsea equipment (including ROVs), telecom equipment, automotive components, rocket engines and components, satellite components, and believe it or not, ammunition and high-tech weapon systems (including many used by US forces: sea-to-sea and air-to-surface missile systems, integrated sensor systems, remote weapon stations and more).

  30. McDonald pays $16-$19+/HR by Joe_Dragon · · Score: 2

    McDonald pays $16-$19+/HR in Norway

    1. Re:McDonald pays $16-$19+/HR by kenh · · Score: 1

      What does McDonald's pay around you? How many millennials work at McDonald's in Norway?

      --
      Ken
  31. Re:with over 70 percent of companies having 50 emp by Hognoxious · · Score: 2

    I'd really need to hear what your definition of socialism actually is

    I'm guessing it's not something like North Korea or Venezuela, i.e. different to yours.

    --
    Confucius say, "Find worm in apple - bad. Find half a worm - worse."
  32. Re:Say again? by DES · · Score: 2

    No, it's the median: https://www.ssb.no/en/ifhus

  33. Re:with over 70 percent of companies having 50 emp by Luckyo · · Score: 5, Insightful

    Socialism is by definition incompatible with Nordic Social Democracy model. We categorically reject all main cornerstones of socialism, and instead go for market economy with high taxation that funds the baseline income level and services.

    We do have socialist in every Nordic state by the way. They're the marginal far left parties, rejected by overwhelming majority of the populace. Here in Finland for example, far left openly socialist Vasemmistoliitto holds between 5 and 8% of the vote, and is a minor party. They also have some communists in their party, but their leadership generally denounces communism and sticks to socialism. I can provide citations for that as well.

    It would be very helpful if wannabe far leftists from across the pond would stop insulting our countries, our politicians and our ways of life by maliciously branding them as "socialist" for their own political purposes. Have your class war if you want, but leave us well out of it.

  34. Re: No, it isn't by Hognoxious · · Score: 1

    It's nice to see that our second female PM is almost as good as the first.

    That's if she still *is* PM. Haven't looked at the TV since the footy ended.

    --
    Confucius say, "Find worm in apple - bad. Find half a worm - worse."
  35. *GIGGLE* by sjames · · Score: 3, Insightful

    I may post more in-depth later. For now I can't stop giggling at all the right wingers here who after years of screeching "that's socialism' every time anyone breathed a hint of a word in favor of a social safety net who ar now trying to walk that back and claim "That's not socialism at all!"

    *GIGGLE*

    1. Re:*GIGGLE* by Peter+P+Peters · · Score: 2, Informative

      That is socialism and it is theft, that is what is happening there. All of these social safety nets, income taxes, property taxes, all of this theft, which I am against, Norway is using it to prop up inefficiencies that lead to this perception discussed in the story. This is theft and wealth dissipation.

      Criminals! They should do what they do in America instead and have heaps of homeless people and violent crime. That's the freedom we all aspire to...

    2. Re:*GIGGLE* by drinkypoo · · Score: 1

      The caste of coffee-achievers didn't perform like they planned
      The morning rush hour traffic is our play of false elan
      So run around your frantic track and lay you down to sleep
      Tomorrow's our redemption, we strive without exception...

      Every country collects taxes. Some of them spend them making their citizens' lives better. Some of them don't. You can spend your whole life crying about how taxes are theft or you can put your effort into making sure that the inevitable tax monies will be spent positively, or you can go live on a mountaintop someplace, but you can't stop taxation.

      --
      "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
    3. Re:*GIGGLE* by volmtech · · Score: 1

      Money received from sovereign wealth is not taxes and the government controlling natural resources is not socialism. The natural resources belong to the citizens of the country. The profits from the sale of those should go to them.

      The US federal government does not do that, instead it gives the resources on public lands to private individuals.

    4. Re:*GIGGLE* by whoever57 · · Score: 1

      Correct, they are criminals. They steal, that is their crime, this is my principled position.

      You claim that you are against government. That means you are against laws, which in turn, means that stealing is not a crime, because, without government, crime has no definition. It doesn't exist.

      In other words, your position is not principled, because it conflicts with other beliefs you hold.

      --
      The real "Libtards" are the Libertarians!
    5. Re:*GIGGLE* by Peter+P+Peters · · Score: 1

      Correct, they are criminals. They steal, that is their crime, this is my principled position.

      You may feel a slight sting. That's principle fucking with you. Fuck principle. Principle only hurts, it never helps.
      Jokes aside, I prefer outcomes to principles. You can have as much freedom and democracy as you like on paper, but if that means people can't get healthcare, education or their own place to live then your principles are broken.

    6. Re:*GIGGLE* by sjames · · Score: 1

      Still giggling. None of those very wealthy companies would have a penny to their names but for the labor of the many. Also, they didn't MAKE the oil or iron or coal, minerals or land.

      Collective bargaining is very much a part of a free market. The government in a democratic republic is properly the representative of the people (collective).

  36. Re:Sad thing is no other countries learning from t by Luckyo · · Score: 1

    You're forgetting that due to Quebecois, it's legal to secede from Canada. If the push you're suggesting would come to shove, Alberta would likely secede from confederation.

  37. Re:America could be the same way, it creates wealt by LynnwoodRooster · · Score: 4, Informative

    In your judgement, is Tim Cook is worth the same as 400 Apple Genius in terms of contribution to the company and wealth creation?

    Yes. That "Genius" can be replaced by literally tens of thousands of IT people here at /. alone, let alone across the US. Tim Cook has shown an extraordinary talent for supply chain management and operations and his decisions directly affect 100,000 people. Paying him 400 times what the "hipster Geek Squad" member makes is quite understandable.

    --
    Browsing at +1 - no ACs, I ignore their posts. So refreshing!
  38. Re:no by Luckyo · · Score: 1

    Fun detail. Norway doesn't actually burn it's oil and gas in meaningful amounts. Their electric grid runs mainly on hydro. Carbohydrates are for export.

  39. Re:Say again? by DES · · Score: 1

    It's the median per household. The median for a single person with no children (i.e. a household of one) is about 285,000 NOK after tax. https://www.ssb.no/en/ifhus

  40. On the contrary America's learned a lot by rsilvergun · · Score: 1

    our ruling class has paid close attention to how Norway's working class works together, doesn't fight among themselves and ensures everyone has food, shelter and healthcare and made sure we don't do the same. We've got an extensive network of social wedge issues that keep us divided and at each other throats so we don't ask too many questions. We've also got a constitution that limits the effects of democracy, or as many would put it, "It's a Republic!".

    Oh, you meant the working class. Yeah, we haven't learned a God damned thing. We voted for a bitchy oligarch with a penchant for outsourcing instead of the guy that wanted to give us health care and then when we realized we didn't like her we voted for a guy who sits on a golden throne/toilet as our populist champion.... Does of us that did vote anyway. We're not paying a lot of attention really.

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    1. Re:On the contrary America's learned a lot by Hognoxious · · Score: 2

      Does of us that did vote anyway.

      The real problem in politics is all the bucks.

      --
      Confucius say, "Find worm in apple - bad. Find half a worm - worse."
    2. Re:On the contrary America's learned a lot by LynnwoodRooster · · Score: 1, Informative

      What is interesting is that the winner of the last election spent less in normalized 2016 dollars than any winner since 1960. And less than 75% of the losers, too.

      --
      Browsing at +1 - no ACs, I ignore their posts. So refreshing!
    3. Re:On the contrary America's learned a lot by LynnwoodRooster · · Score: 1

      Citation needed.

      --
      Browsing at +1 - no ACs, I ignore their posts. So refreshing!
  41. Re:NEWSFLASH by Hognoxious · · Score: 1

    At one time only hikers and mountaineers would know they existed, along with maybe a few outdoor photographers who used their pop-out mitts.

    For some reason the brand became sort of trendy with the chav element at one point.

    --
    Confucius say, "Find worm in apple - bad. Find half a worm - worse."
  42. Re: with over 70 percent of companies having 50 em by cyber-vandal · · Score: 4, Insightful

    We're talking about the American definition of socialism though which boils down to "not shitting on the poor". As the poor are only there because they didn't work hard enough, any state support is equivalent to the actions of murderous dictatorships past and present and carrying military grade weaponry about day to day is the only way to prevent those slackers from trying to take that well earned money away from you by force.

  43. Re:Check Norwegians living in US by LynnwoodRooster · · Score: 1

    Ballard hasn't been Norwegian since the last shop selling lutefisk closed, and syttende Mai parades stopped hosting members of the Norwegian royal family. I grew up in Ballard, my next door neighbor Ron Olsen, used to record the Scandinavian Hour in his basement - and messing around with all that vintage 60s and 70s radio/audio gear is what got me into electronics back then...

    --
    Browsing at +1 - no ACs, I ignore their posts. So refreshing!
  44. How do they control inflation? by rsilvergun · · Score: 1

    That's always the argument against raising wages in the States. If we raise wages companies will just raise prices and you won't make any more money. Now, I know enough to know this is bunk. Inflation can be controlled so long as productivity is going up, and here in the States we've doubled in in 40 years while wages for low end employees have droped 20-30% in real dollars (seriously, I made $6/hr at a jack in the crack in 95 which was equal to $10 today. These days they start kids like I was off at $7.25-$8).

    I guess what I'm really asking is, what do you say to people who tell you we should keep wages low because it'll mean lower prices and an overall better life. It needs to be pithy, because the folks you're arguing with have been told this repeatably by large Political Action Committees with a vested interest in keeping wages low.

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    1. Re:How do they control inflation? by Solandri · · Score: 1

      Real wages (wages with inflation and purchasing power factored in) depends on productivity. You add up the productivity of all your citizens, divide it by the number of citizens you have, and that's the average (mean) wage per citizen in real (purchasing power) dollars. While money is not conserved ("economics is not a zero-sum game"), productivity is. Everything that's consumed must be produced. So productivity is zero-sum (negative-sum if you account for losses like crop spoilage, broken windows, etc).

      Raising the minimum wage doesn't directly affect productivity. But iself, a minimum wage redistributes income (takes some of the income that would've gone to company owners, and gives it to employees as increased wages). If the sale of an item produces $x of productivity, increasing the minimum wage means the worker gets a higher percentage of x, and the company owner gets a smaller percentage.

      The only way an increased minimum wage can help raise productivity (increase real wages and the standard of living) is if workers are already being underpaid. A market economy wants to allocate wages (price for labor) in direct proportion to how much productivity each laborer is actually generating. If a business owner is keeping too much of the company's income for himself instead of paying his employees fair wages, that represents an economic inefficiency. Henry Ford stumbled upon this when he began paying his workers far above the prevailing wage at the time. Because workers were being underpaid, the economy was artificially stunted. When he paid his workers higher wages which turned out to be fair, that created an economic feedback loop. His employees could suddenly afford to buy the cars they were producing, which increased demand for cars, which increased the amount of work for these employees, which increased their productivity, which increased their wages further.

      Crucially, Ford's income also increased as a result of this, making him one of the richest men on earth. Even though he got to keep a smaller percentage of his company's income, because the wage increase was fair, it increased his company's income by a larger percentage than his percentage share declined, and he ended up making more money (a lot more). That's the important part most minimum wage proponents miss. That if a situation exists where a minimum wage would help, not only would it increase employee's incomes, it would also increase employer's incomes. In other words, if a minimum wage increases employees' income at the expense of business owners' income, then it's bad for the economy (it's forcing a wage that's too high for the productivity the employees generate, and thus reducing overall productivity for the country). If a minimum wage increases both employees' and owners' income, then it's good for the economy (it's forcing a fairer distribution of business income to employee vs employer wages).

    2. Re:How do they control inflation? by volmtech · · Score: 1

      Question? Would that have worked if Ford's employees then went out and bought Nissans and Toyotas?

  45. Re:Sad thing is no other countries learning from t by CrimsonAvenger · · Score: 4, Insightful

    What are you supposed to learn?

    That ignoring the AGW alarmists is a good thing for our kids? But, no, that's pretty much impossible, right?

    So, why is it okay when Norway does it, but the height of evil when we do it?

    --

    "I do not agree with what you say, but I will defend to the death your right to say it"
  46. Re:with over 70 percent of companies having 50 emp by alvinrod · · Score: 1

    Depending on how you want to define socialism, you can get a pretty broad collection of countries. In the long run I suspect that Marxist ideologies tend to result in countries like North Korea or Venezuela, but not all socialist systems are necessarily Marxist ones. I've simply never heard of any country which has tried what might be coined as "free market socialism" and it's not something that would have a lot of overlap on the Venn diagram with other forms of socialism.

    I'm just curious what the hell it's supposed to mean as the examples I give above seem odd. The first doesn't seem as though it would be what most socialists would consider a socialist system. The second seems to work, but it's still strange. It would essentially be everyone working for state owned (but not necessarily state run or centrally planned) companies (and free to choose their own line of work) and free to purchase as they choose, but only after the government uses a 100% (or near enough) tax rate to give everyone the same amount of money to engage in commerce as they will. I just don't see that being particularly stable if people can immigrate and emigrate freely. Maybe it works if the country doing it is a very tight cultural group such that people are very reluctant to leave and it's not welcoming to outsiders so most don't want to join.

  47. Americans are ready for Democratic Socialism by rsilvergun · · Score: 4, Insightful

    The Gen Xers did alright and the boomers made out like bandits, but the Millennials are screwed. They're not getting pensions, their 401ks get eaten up by fees and the periodic stock market crashes brought on by weak regulation and risk free bail outs and their student loan debt means they can't start life until their 30s. Meanwhile outsourcing + H1-Bs means they're in intense competition for decent jobs so they worked much, much harder than their parents and grandparents for much, much less.

    The right wing in America (who's defining feature is a pro-corporate bent that wants low wages, lax environmental regulations and lax worker protections) knows this. They're currently in control of all branches of Government (the Democratic party moved the Overton window to the left so Clinton could sail into the Whitehouse and got away with it when the .com and house bubbles masked the ill effects of supply side economics until 2008 when it all came crashing down). With control of the government came control of media (Sinclair media's been allowed to buy up all local stations).

    The question is, Americans may be ready for Democratic Socialism but will they get it? The ruling class has so much wealth and power now they can bury the will of the people. It's been shown a 2-3 week ad blitz is enough to change the public's opinion on anything. Hell, we can't get more than 60% of the population to agree that healthcare is a right and thanks to our political system that gives extra voting power to rural states (a Montana voter has something like 42 times more voting power than a California thanks to our Senate) and the effect of "swing states" I'm not sure any of this matters.

    It literally doesn't matter how much evidence you have that Democratic Socialism works. The people opposed to it have unlimited money (we gave it to them) and the last two generations are very much in the "I got mine, fuck you" school of thought. Maybe when those people start dying. Hell, we (mostly) got gay rights. Then again the new SCOTUS might shoot all that down...

    --
    Hi! I make Firefox Plug-ins. Check 'em out @ https://addons.mozilla.org/en-US/firefox/addon/youtube-mp3-podcaster/
    1. Re:Americans are ready for Democratic Socialism by Synonymous+Homonym · · Score: 1

      Entered the work force in '99. That makes you a "Gen Xer", not a "Millennial".

    2. Re:Americans are ready for Democratic Socialism by drinkypoo · · Score: 2

      It literally doesn't matter how much evidence you have that Democratic Socialism works. The people opposed to it

      ...control both parties. That's why the DNC ran Clinton when we wanted Sanders, it's why Crowley isn't stepping down. The Democrats, the so-called leftist/liberal party in the USA, is actually a centrist bunch of corporate whores. They do little when they control congress, but shout loudly about how bad the other side is when there is no other side.

      We need an actual left-wing, liberal party here in the USA, made up of politicians who won't suck corporate cock.

      --
      "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
    3. Re:Americans are ready for Democratic Socialism by penandpaper · · Score: 1

      There is so much hand waiving and generalizing that I am baffled I read it and decided to respond.

      their 401ks get eaten up by fees and the periodic stock market crashes brought on by weak regulation and risk free bail outs and their student loan debt means they can't start life until their 30s. Meanwhile outsourcing + H1-Bs means they're in intense competition for decent jobs so they worked much, much harder than their parents and grandparents for much, much less

      Even if that is all true, that doesn't mean "tax and spend more like Norway". Take an example, student loan debt. The reason why there is so much debt is because the governed guaranteed no risk to the debtors in 2005 to increase supply for higher demand. Now we have record number of people graduating with 4 year degrees that amount to a lower value in that degree. Go figure that when everyone has something it is worth less. Since the government guaranteed no risk that lowered value comes back to bite those young people in the ass. There are a lot of blame but your oversimplification and solution doesn't help anyone.

      They're currently in control of all branches of Government

      Because they won elections. Because the left wing couldn't convince jack or shit. I am not just talking about the 2016 election. I am talking about every election since 2008. You can say "gerrymander" all you want. That doesn't explain the gubernatorial or state legislature loses to the wide extent that we saw.

      You're straw-man "defining feature is pro-corporate bent that wants low wages, lax environmental regulations and lax worker protections" works great for others that think like you when you are ignorant to other views. But in the real world, it's not that simple.

      The ruling class has so much wealth and power now they can bury the will of the people.

      I love seeing this kind of sentiment because of the irony of Trump beating Clinton. Clinton who was the ruling class that had much more wealth and power. Lost. You have a prime example (there are others) of the wealthy and powerful losing yet you still cling to this fanciful idea that only the more moneyed and powerful win elections. Maybe that is true in the city where apathy is higher but that is not a universal truth across the country.

      voting power to rural states (a Montana voter has something like 42 times more voting power than a California thanks to our Senate) and the effect of "swing states"

      Swing states change over time based on the states needs. Montana has different needs and wants from the government than California. If Californians want free college, or pensions, or whatever bellwether you want for "democratic socialism" you do not need the federal government involved. Federalism works because you don't dictate to others. Lead by example. There are good reasons for the Senate and Electoral College. I am more convinced the reasons are sound when see rhetoric like yours: "we lose elections but I should be able to force my politics on others that don't want it (and vote to reject it) like Montana because muh democratic socialism! I know whats good for those people! They are too stupid to vote the correct way!". Your comment being modded up is a testament to the number of people that think they know what others need. Is that kind of dictatorship normal from advocates of "democratic socialism"? i.e. 'I know whats good for you better than you". If that is "democratic socialism" then no thank you.

  48. the USA are free to copy from Europe by ReneR · · Score: 2

    Unfortunately the only thing the Trump pseudo president baby can babble is "but the Refugees" destroy Europe :-/ I have to say, things are pretty good here in Berlin, Germany, Europe. Actually I avoid traveling to the USA for all the crime, shootings, TSA and such, ... Instead I now travel more in Europe, France, Spain, Czech, Poland, and all the other nice neighbours we got. Together we are stronger!

    1. Re:the USA are free to copy from Europe by Opportunist · · Score: 2

      Every time I go to the US and get asked whether I really don't want to work there I have a really hard time to laugh the border guard right into the face. Seriously, the US is a bit like a king sized amusement park. Great for a holiday, because for money you can buy pretty much anything, but I wouldn't want to live there. Or work.

      --
      We used to have a Bill of Rights. Now, with the rights gone, all we have left is the bill.
  49. Re:Say again? by sjames · · Score: 1

    It probably works out about the same for people in the U.S. once you count social security payments, income tax (federal and state), sales tax, sin taxes on alcohol, "luxury tax" on cars, and then the big monthly bill for the health insurance. That last one can be a real killer, because it's not a tax, it's a bill that's due whether you have the money or not.

  50. Re:Blame Evil CO2 by hey! · · Score: 1

    Well, on the other hand Norway gets 98% of its electricity from renewable sources, and only 2% from fossil fuels, and about half of cars sold there are fully electric or plug-in hybrid.

    And speaking of getting rich raping Mother Earth, if fossil fuels are the reason why Norwegian millennials are rich, why aren't Russian millenials rich?

    --
    Post may contain irony: discontinue use if experiencing mood swings, nausea or elevated blood pressure.
  51. Re:with over 70 percent of companies having 50 emp by thomst · · Score: 5, Insightful

    alvinrod challenged:

    I'd really need to hear what your definition of socialism actually is to square it with the notion being compatible with (or as you later suggest required for) a market (I'm assuming you mean a free one, or one that is reasonably so) economy. Otherwise I suspect you're guilty of choosing your definition of socialism post priori so that you can find one that doesn't look like a miserable failure.

    Private exchange doesn't make sense if you have communal ownership.

    Social democracy isn't socialism. Hell, even socialism isn't socialism.

    Theory be damned, socialism in practice is a philosophy that holds societies ought to provide the essentials for life (food, clean water, shelter, education, health care) for all their members, regardless of their income level, as fundamental rights. The definition of "pure" socialism-as-economics isn't really even worth discussing, because there is no such functioning economic system in existence. And there won't be, ever, as long as human beings are fallible creatures.

    Communal ownership of some basic resources (infrastructure, for instance) is baked into western democratic practice. That's the case because it makes sense that those resources be held in common. Worker-owned companies can and do thrive in hyper-capitalist America, as long as their underlying business models are realistic and responsive to their markets.

    Yes, you can build a wall of rhetorical purity around the term - or you can simply acknowledge that social democracy is the modern face of socialism, and it is not failing (at least, in the Scandanavian and Benelux countries) by any objective measure.

    Life is complicated. Much too complicated, in fact, to be adequately modeled by rigid, ideological absolutes ...

    --
    Check out my novel.
  52. Re:Missed topic? by hey! · · Score: 3

    Liberals would be more inclined to serve in the military of a social-democratic state like Norway.

    There was no left-right difference in attitudes toward military service in the US until Vietnam. Vietnam draft deferments for the wealthy is what soured the left on the US military; the Establishment was for the war, but it had no skin in the game.

    --
    Post may contain irony: discontinue use if experiencing mood swings, nausea or elevated blood pressure.
  53. Re:with over 70 percent of companies having 50 emp by PopeRatzo · · Score: 5, Insightful

    I'd really need to hear what your definition of socialism actually is

    I use the dictionary definition:

    "a political and economic theory of social organization that advocates that the means of production, distribution, and exchange should be owned OR REGULATED by the community as a whole."

    The only other thing you could possibly mean is that everyone acts as a capitalist agent, but the government takes most or all of their earnings.

    Well, the income tax rate in Denmark is just over 60%, so it fits that definition, too.

    I don't know if there's a group of people on the planet weird enough to play by those rules.

    Denmark. Denmark plays by those rules. More than 60% of income in Denmark goes to taxes. Last time I checked the definition of "most", 60 percent meets the definition.

    Face it: The happiest countries in the world are the countries that have struck a balance between socialism and market economies.

    --
    You are welcome on my lawn.
  54. Foreigners are the problem, not low reg capitalism by Anonymous Coward · · Score: 1

    "Meanwhile outsourcing + H1-Bs means they're in intense competition for decent jobs so they worked much, much harder than their parents and grandparents for much, much less."

    At least you mention this important issue. Illegal aliens from Latin America have forced down wages for low income earners, like construction, farm work, etc. H-1bs are forcing down wages on middle class workers. This has been observed happening in the real world. Get rid of the foreigners, and the wages will go somewhat up. It is the rich whom are lobbying for foreigners (Zuck, Gates, etc.).

  55. Sane oil economy by manu0601 · · Score: 4, Insightful

    Norway is probably the only oil-producing country on earth that managed to share oil revenues among citizen. Most of the time oil is a curse for the people, resulting in corruption, kleptocracy and dictatorship.

    1. Re:Sane oil economy by Artagel · · Score: 1

      Alaska has been sharing its oil revenue since 1976.

    2. Re:Sane oil economy by Synonymous+Homonym · · Score: 1

      The House of Saud spend some of their oil money on a basic income for their subjects.

      They also invest in solar energy.

    3. Re:Sane oil economy by TeknoHog · · Score: 1

      It helps if you're a sane, civilized country before you strike oil. Any Nordic country would probably have done the same*. In fact, there was a proposal about making Nordic oil a joint effort with Sweden, which IIRC was ahead of Norway in wealth and industrialization at the time, but the Swedes declined to take a chance on them.

      *(Finland has a tradition of letting foreign companies take our mineral resources for free, after the national geological survey has first done the groundwork.)

      --
      Escher was the first MC and Giger invented the HR department.
  56. Pity the poor CEOs by careysb · · Score: 3, Insightful

    What? Why didn't the oil/gas CEOs get all of it?

    1. Re:Pity the poor CEOs by Opportunist · · Score: 2

      Maybe because Norway wasn't stupid enough to hand over their oil and gas to some corporation?

      Or, more to the point, maybe its politicians are not corrupt enough to hand it over for a position in their directorate. Which might also explain why the population there has more faith in its politicians than in crooked and failed countries.

      --
      We used to have a Bill of Rights. Now, with the rights gone, all we have left is the bill.
    2. Re:Pity the poor CEOs by Synonymous+Homonym · · Score: 1

      Norway did what President Mosaddegh did in Iran, and President Hussein attempted to do in Iraq? But Mosaddegh was overthrown and replaced by a Shah by the Brits, Hussein was overthrown and hanged by the Americans. The king of Norway, Olav V., was not overthrown.

      Maybe it's just because Norway doesn't trade their oil in Euros, like Venezuela does, Hussein wanted Iraq to do, and then ex-president of Libya Gaddafi, whose untimely demise was arranged by the CIA, suggested the African Union do? But Kroner aren't Petrodollars either.

      Or maybe because Statoil (now Equinor), who handles most of Norway's fossil oil and gas, is some corporation, a publicly traded one even, after all.

      Or maybe it's something else. Like Norway being a monarchy already. Or like the race for arctic oil between Scotland, Norway, and Russia, in which Norway is too valuable an ally for the Brits and Yankees.

    3. Re:Pity the poor CEOs by Opportunist · · Score: 1

      Equinor is publicly traded? Technically you're correct. Actually, though... "As of 2017, the Government of Norway is the largest shareholder with 67% of the shares" (source).

      Yeah. Very public. With 2/3 held by Norway. It's a bit like the average US corporation, all right, with the difference that it's not some filthy rich asshole but the government holding the majority.

      Now take a wild guess that's better for the general population.

      --
      We used to have a Bill of Rights. Now, with the rights gone, all we have left is the bill.
    4. Re:Pity the poor CEOs by judoguy · · Score: 1

      Maybe because Norway wasn't stupid enough to hand over their oil and gas to some corporation?

      Or, more to the point, maybe its politicians are not corrupt enough to hand it over for a position in their directorate. Which might also explain why the population there has more faith in its politicians than in crooked and failed countries.

      I'm not sure that holding on to a massive fortune so you can wield it's power yourself is necessarily "not corrupt". Just sayin'.

      --
      Peace is easy to achieve, just surrender. Liberty is much harder get/keep.
    5. Re:Pity the poor CEOs by Opportunist · · Score: 1

      If it's then used for the benefit of the population, where's the corruption?

      I know it may be counter intuitive to someone from the US, but over here in Europe, we tend to consider governments that do stuff for the people that vote for them instead of corporations that promise them cushy jobs after they are done driving the country into the ground to maximize shareholder profits "good".

      --
      We used to have a Bill of Rights. Now, with the rights gone, all we have left is the bill.
    6. Re:Pity the poor CEOs by Synonymous+Homonym · · Score: 1

      67%? Last time I checked it was still 70%.

      The major difference between Equinor and an American corporation is that Equinor pays not just dividends, but also taxes.

  57. Re:Sad thing is no other countries learning from t by blindseer · · Score: 1

    Invest fossil fuel revenue in free education,

    That's a tax and spend government policy, nothing is free. If education were free then it would not require petroleum revenue.

    generous unumployment insurance,

    Also a tax and spend government policy.

    generous parental leave,

    I'm guessing also tax and spend.

    domestic companies outside of the fossil fuel sector?

    Tax and spend.

    Also: high minimum wages.

    Not tax and spend but not a burden on the economy if there is cheap oil to tax, and people can afford the higher wages because they see government subsidized education, parental leave, and unemployment insurance.

    Oh, and it's easier to afford these things for a government that relies on it's NATO treaties to defend them against potential invaders instead of spending that money on funding their own military.

    I'm sure that having enough hydroelectric power to provide 98% of their electricity demands helps. It's easy to sell petroleum products real cheap when you don't have to burn it for lights and cooking. Places like Saudi Arabia might have a lot of cheap oil but without something to keep the lights on then they are living in grass huts instead of high rises made of concrete and glass.

    --
    I am armed because I am free. I am free because I am armed.
  58. Re:with over 70 percent of companies having 50 emp by alvinrod · · Score: 2

    Even with that definition, I think there's a bit of a sticking point on what exactly is meant by "regulated". I'm not sure how much you'd appreciate your grocery shopping choices (i.e., your personal exchange) to be regulated by the rest of your neighbors. Do they get to pick what you're having for supper or what products can be sold at the grocery store?

    Otherwise I'm not sure what you mean by "regulated" as unless you're thinking in terms of what is typically meant by government regulations. You can have those kind government or even community (think HOA) regulations without socialism so I don't believe that's a useful description.

    Also, you'd need to plot out all of the countries and measure happiness and to what extent their governments are market socialist. Otherwise you can explain Norway, Denmark, etc. being happiest because Scandinavians are just happy people among a large set (for example, lots of good looking blonde women would make most people happy) of other explanations. China and Viet Nam are more classic mixed economies, but I don't know where their blend of market socialism lands them on the happiness axis.

    My guess is that if you do a multivariate regression, there are other factors with more explanative power. I'm not even sure if you could do this kind of analysis as there aren't enough examples of what you'd probably classify as your brand of socialism to perform the kind of statistical analysis you'd need. But without doing that, you can't make that claim. Otherwise someone could just as easily point out some other ridiculous correlation and say that their reason must be correct. Let's pick something particular insidious such as lack of black people to illustrate the point. And before anyone jumps all over that, I don't believe (or have any good reason to believe) that would be the cause any more than market socialism.

    Regardless, I suspect that if you tried to join the Socialist party in just about any country, the idea "capitalist economy with extensive social programs" would not be the platform of the party or one that they're likely to accept. It's no more than I would expect "drug induced orgies" as a form of worship to be a mainstay position of any Christian church so I probably wouldn't try to tell congregations that I'm Christian and slide that idea by them. The point is that if your point of view is going to be seen as heresy at best by the mainstream of that group, you may just want to characterize yourself as something else. Hence the term "social democrat" that gets used.

  59. Re:with over 70 percent of companies having 50 emp by MoaDweeb · · Score: 2

    Social democracy is the model it can also be referred to as.
    A mixture of state intervention (free education, free/ low cost health care etc.) and a regulated market economy. It is what Australia and NZ would refer to their systems as, even the right wing parties adhere to it as it would be political suicide to disestablish it.

    Undercutting and weakening it is another thing however.

    No one in NZ is conscripted/ coerced into being a doctor.

    --
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  60. We don't waste our potential... by Anonymous Coward · · Score: 1

    we allow ourselves to be swindled out of it.

  61. Re:Sad thing is no other countries learning from t by MoaDweeb · · Score: 1

    I was reading the SMH yesterday about your electricity 'reforms'. Way to go Australia! What a dumpster fire that has turned out to be, as bad as your thieving banks.

    --
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  62. Re:with over 70 percent of companies having 50 emp by wakeboarder · · Score: 1

    Until you realize that 22% of Norwegian GDP is pulled from the ground, their model would not work here as we only generate 7.6% of our GDP through oil and the greens want even less of it going forward. We should stop comparing ourselves to norway, we don't generate money in the same way.

  63. Re:No skills = No Money by Opportunist · · Score: 1

    How does getting your ass blown off make you a man? If anything, getting into the way of bullets only increases the chance to become less of a man, depending on what part they shoot off.

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  64. Re:America could be the same way, it creates wealt by Opportunist · · Score: 1

    The decisions of Bin Laden affected millions, how much should we have paid him?

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  65. Re:with over 70 percent of companies having 50 emp by PopeRatzo · · Score: 4, Informative

    Even with that definition, I think there's a bit of a sticking point on what exactly is meant by "regulated". I'm not sure how much you'd appreciate your grocery shopping choices (i.e., your personal exchange) to be regulated by the rest of your neighbors. Do they get to pick what you're having for supper or what products can be sold at the grocery store?

    That's not what socialism means. Not at all.

    --
    You are welcome on my lawn.
  66. Re:no by youngone · · Score: 1

    Carbohydrates are for export.

    Italy is the country with the massive pasta reserves.

  67. Re:Theft and violence are to blame for poverty by Opportunist · · Score: 1

    You are aware that you are arguing your case against a country that just basically proved that the OPPOSITE of what you suggest is making its people rich, yes?

    --
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  68. Purchasing Power Parity by skovnymfe · · Score: 1

    Let's not forget Norway is by far one of the most expensive countries in the world to live in. Those 460,000 kroner (around $56,200) won't last nearly as long as you think.

    1. Re:Purchasing Power Parity by Peter+P+Peters · · Score: 2

      Let's not forget Norway is by far one of the most expensive countries in the world to live in. Those 460,000 kroner (around $56,200) won't last nearly as long as you think.

      Quality costs more. I also live in an expensive country, and I prefer that to a country where things are really cheap but you could be homeless at the whim of your corporate overlord.

    2. Re:Purchasing Power Parity by will_die · · Score: 1

      Was there five years ago. A Burger King Whopper meal cost $21 and a new bestseller hardcover was around $56.

  69. Re:Sad thing is no other countries learning from t by angel'o'sphere · · Score: 3, Informative
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  70. Re:with over 70 percent of companies having 50 emp by Peter+P+Peters · · Score: 1

    >

    Market economies and socialism are a perfectly compatible. In fact, you could say that one does not work without the other.

    Oh shit, The angry old white men aren't going to like this...

  71. Re:with over 70 percent of companies having 50 emp by CohibaVancouver · · Score: 2

    That's socialism, bro.

    Call it what you want - The result is some of the happiest, healthiest, best-educated free people in the world, with 80%+ less crime than the USA. If that's "socialism" I think many, many Americans would happily take it.

  72. Re:with over 70 percent of companies having 50 emp by JDAustin · · Score: 2

    Hell..I live in California and almost 50% of my income goes to taxes (Federal + State + St Sales Tax)

  73. Re:America could be the same way, it creates wealt by LynnwoodRooster · · Score: 1

    A million deaths. He paid, but unfortunately just once.

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  74. Re:Sad thing is no other countries learning from t by sheramil · · Score: 1

    I was reading the SMH yesterday about your electricity 'reforms'.

    I was reading the Weekly World News about President Bat Boy's illicit offspring with Marilyn Monroe on Mars. That's about the same level as the Sydney Morning Herald.

  75. Re:with over 70 percent of companies having 50 emp by LynnwoodRooster · · Score: 1

    Communal ownership of some basic resources (infrastructure, for instance) is baked into western democratic practice. That's the case because it makes sense that those resources be held in common.

    For some things - such as utilities and public parks, I agree it makes sense. HOWEVER, too often people want communal ownership AND communal control over those resources - and that breaks down quickly. Direct democratic operation really doesn't scale well at all; could you imagine having hundreds of thousands of people voting monthly on decisions made by your local utility? Best to think of it as a corporate model - the corporation (utility/park) is owned by the people (the shareholders) who empower control over the corporation to a small group. And review the performance of the group every few years. In other words - a republic model of control, rather than a democratic (mob rule) method.

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  76. So have the US based Millennials by rsilvergun · · Score: 1

    See here. We're below population replacement rates. In fact it's one of the things that is freaking out a lot of (right wing) voters since it's immigrants that are replacing them. The actual (economically) right wing aren't so freaked out since the immigrants tend to be socially right wing because they hail from deeply religious countries.

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  77. Venezuela did it by rsilvergun · · Score: 1

    not quite as well as they could have, but they made a serious go at it. The went from a third world hell hole to a first world nation in about 50 years. But when the price of oil tanked that was kind of that. The sanctions didn't help either (and I have no bloody idea why my country is sanctioning another country that has not attacked us or our allies... It honestly feels like we're attacking them for being socialistic... ).

    John Oliver has a pretty good piece on it. I think if they'd had another 50 years to stabilize they could have weathered it (or if those aforementioned sanctions didn't exist and they could get some aid in).

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    1. Re:Venezuela did it by jittles · · Score: 1

      not quite as well as they could have, but they made a serious go at it. The went from a third world hell hole to a first world nation in about 50 years. But when the price of oil tanked that was kind of that. The sanctions didn't help either (and I have no bloody idea why my country is sanctioning another country that has not attacked us or our allies... It honestly feels like we're attacking them for being socialistic... ). John Oliver has a pretty good piece on it. I think if they'd had another 50 years to stabilize they could have weathered it (or if those aforementioned sanctions didn't exist and they could get some aid in).

      Have you been to Venezuela? They did NOT do it at all. The US, British, and Dutch oil companies ran Venezuela until the 90s when the government took over and then it became a way to reward your friends and families with cushy high paying jobs. A janitor at PDVSA made many times the minimum wage while most people were living in shanty towns around Caracas. The only part of Venezuela that seems to have done okay with the oil is the city of Maturin, which is one of the cleanest cities I have ever been to (though that has most likely changed since I was last there). Unemployment in Maturin was incredibly low, most of the unemployed were given city jobs to do street sweeping. But I can tell you that most of the people I knew there lived in shacks and that they waited days to get the most basic healthcare. You had to go to the emergency room for everything. Anyone who had money would go see a US trained doctor because it was the only way to get decent medical care there. Anyone who needed anything serious done flew to the US or another nearby country if they could afford it.

    2. Re:Venezuela did it by manu0601 · · Score: 1

      You are courageous to defend Venezuela

      While I agree that Chavez government did a lot to improve the people health and education using oil revenue, I still maintain oil is a bane for people of Venezuela. If they had no oil, they would not be considered a national threat by the USA. That absurd status comes with a lot of propaganda against them, and the never ending threat of a USA sponsored coup.

  78. Re:with over 70 percent of companies having 50 emp by LynnwoodRooster · · Score: 1

    So everyone owns the grocery store, but most people don't get a decision about how it's run? That sounds a bit like another political ideology that was opposed in the 1930s and 1940s...

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  79. Re:with over 70 percent of companies having 50 emp by LynnwoodRooster · · Score: 3, Informative

    The US has socialized medicine (Medicare, Medicaid, and ~45% of all healthcare spending is by the Federal Government), socialized education (free K-12 throughout the US, and highly subsidized/free universities/colleges in many places), socialized welfare (SNAP, Welfare, etc) socialized retirement (Social Security) and highly regulated corporations (SEC, FDA, EPA, IRS, etc). I guess we're socialist, too, comrade!

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  80. Re:no by blindseer · · Score: 1

    Energy sector jobs, particularly those based on carbon, have historically been one of the greatest wealth generating sectors. The abundance of carbon-based energy supplies were one of the big driving forces in the rise of the industrial west, which lifted hundreds of millions of people out of poverty and improved the heath and general welfare of entire nations. No "renewable" energy source has such a record; those expensive and unreliable "boutique" energy sources are primarily good for virtue signalling and fostering the political corruption that comes from fighting over government subsidies - each has its niche (solar, for example is great on Earth-orbiting satellites, and off-grid living in low latitudes) but they cannot be used as primary power sources without being backed-up by ready-on-demand nuclear or carbon-based generation.

    It doesn't have to be carbon based generation to back up the wind and solar. It could be storage like hydroelectric dams. Norway has a lot of hydroelectric, it provides 98% of their electricity now. I don't know what the ratio would have to be between hydroelectric and unreliable energy like wind and solar but I'm guessing that there is a lot of room for Norway to experiment to find out.

    I agree that fossil fuels brought the West from the stone age and into the iron age and beyond. Without coal there is no steel. Without steel there are no steam engines. Where I might disagree is in that fossil fuel was alone in this. Water wheels and sails did a lot to help civilization develop and spread. Mining coal and iron for steel allowed for sailing ships large enough to "stop the wind", called windjammers. These iron works often had tools powered by water wheels. It took all three, wind, water, and coal, to get where we are.

    I guess if we don't want our young people becoming economically wealthy from oil and gas, we can encourage them to be drug dealers or pimps...

    That only works if there is someone that can afford hookers and blackjack. The young people might be able to sell this stuff if the old people made their money from something else. I'm guessing that an economy that made their money on something other than drugs, prostitution, and gambling might be able to survive for some time high on the hog from that wealth, so long as there are some pig farmers to provide the hogs. There will be a point that the wealth runs thin or something replaces that source of wealth.

    My guess is that the future source of wealth will be nuclear power. Of course we'll still have some wind and water power, solar and coal too I guess, but the bulk of it will come from nuclear.

    --
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  81. Re:Sad thing is no other countries learning from t by LynnwoodRooster · · Score: 1

    It's "the Alberta Government, Eh" - amirite?

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  82. Re:Blame Evil CO2 by LynnwoodRooster · · Score: 1

    Because Russia is a fascist oligarchy, and they keep the profits to the elite only. Much like China.

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  83. Re:with over 70 percent of companies having 50 emp by PopeRatzo · · Score: 1

    I guess we're socialist, too,

    When we're at our best, we are.

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    You are welcome on my lawn.
  84. Re:with over 70 percent of companies having 50 emp by PopeRatzo · · Score: 4, Insightful

    That's socialism, bro.

    Call it what you want - The result is some of the happiest, healthiest, best-educated free people in the world, with 80%+ less crime than the USA. If that's "socialism" I think many, many Americans would happily take it.

    It is socialism, and many Americans would love to see it happen here. And it will.

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  85. Re:with over 70 percent of companies having 50 emp by PopeRatzo · · Score: 4, Interesting

    Hell..I live in California and almost 50% of my income goes to taxes (Federal + State + St Sales Tax)

    And that my friend, is why California is most desirable state to live in, and we have a bigger population than any other state in the US. Because it's nice here.

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  86. Re:with over 70 percent of companies having 50 emp by PopeRatzo · · Score: 1

    You know, you are welcome to send in more than your minimum required taxes.

    I live in California, and I pay about the same tax rate as Denmark. And it works. This is nicest place I've ever lived.

    --
    You are welcome on my lawn.
  87. Re:with over 70 percent of companies having 50 emp by PopeRatzo · · Score: 1

    So everyone owns the grocery store, but most people don't get a decision about how it's run?

    No, dumbshit. Socialism doesn't require government ownership of the means of production and distribution. Don't they teach fucking anything in school any more? Did you drop out before taking one world history course?

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    You are welcome on my lawn.
  88. Re:with over 70 percent of companies having 50 emp by LynnwoodRooster · · Score: 1

    a political and economic theory of social organization that advocates that the means of production, distribution, and exchange should be owned OR REGULATED by the community as a whole

    YOUR definition of Socialism. Means of production, distribution, and exchange owned ... by the community as a whole. YOU used that as what socialism is, and that means everyone owns the store. But in typical fascist (for that is what socialism leads to) manner, only a select few get to determine what happens with that grocery store.

    Dumbshit.

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  89. Re:with over 70 percent of companies having 50 emp by LynnwoodRooster · · Score: 1

    BS. You're retired, you pay nowhere near 60% of income in taxes. I'd be surprised if you pay over 30%. But feel free to pay another 30%...

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  90. Re:Blame Evil CO2 by LynnwoodRooster · · Score: 1

    About 70% of all Federal spending goes to those at or below median income.

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  91. Re:Blame Evil CO2 by hey! · · Score: 1

    Well, it was a rhetorical question with a rather obvious answer. The real interesting question is why people in places like Russia put up with it? That's a very important thing for Americans to be thinking about.

    Here's something to chew on, though. Norway ranks #1 in the world for press freedom; Russia ranks #148. This is good proxy for overall political freedom and the degree to which the people control the government, and vice versa.

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  92. Re:with over 70 percent of companies having 50 emp by PopeRatzo · · Score: 1

    I'm retired, but my income still puts me in the top bracket. And, my wife isn't retired.

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  93. Re: with over 70 percent of companies having 50 em by ArmoredDragon · · Score: 2

    You missed a pretty important word in that quote of yours: Welfare. Welfare is not socialism.

  94. Re:America could be the same way, it creates wealt by Opportunist · · Score: 1

    I'm fairly sure quite a few CEOs out there deserve at least the same.

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    We used to have a Bill of Rights. Now, with the rights gone, all we have left is the bill.
  95. Re: with over 70 percent of companies having 50 em by PopeRatzo · · Score: 1

    You missed a pretty important word in that quote of yours: Welfare. Welfare is not socialism.

    You haven't been around that long, so I'm going to indulge you with a response. Of course social welfare programs are part of socialist systems. Where did you get the idea that they are not?

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    You are welcome on my lawn.
  96. Re:with over 70 percent of companies having 50 emp by turbidostato · · Score: 4, Informative

    "The moment you conscript (yes) a doctor or teacher, and Require society to pay them a set wage, you'll find that they become in short supply, especially when considering the rest of the market is more or less open and free."

    Except, of course, that's EXACTLY what happens in basically the whole of first world with the exception of USA without the ominous results you predict. By the way, even in USA, that's what happens to military personnel, which your country doesn't seem to be in short supply, either.

    But, of course, don't let reality get in the way of your very well built rationalizations.

  97. Re:with over 70 percent of companies having 50 emp by turbidostato · · Score: 4, Informative

    "Do they get to pick what you're having for supper or what products can be sold at the grocery store?"

    Yes, at least, up to a point. In most countries there are in place one regulation or another regarding, i.e. the ability to sell (or not) tobacco, alcohol and/or prescription drugs.

    "I suspect that if you tried to join the Socialist party in just about any country, the idea "capitalist economy with extensive social programs" would not be the platform of the party or one that they're likely to accept."

    Where are you from? I say this because that's exactly what any Socialist party in any European country would support: "capitalist economy with extensive social programs". Maybe it is "communist party" what you are looking for, not Socialist. And even Communist parties, starting on the late 70's early 80's, had strong factions embracing what was called "eurocommunism" which is, basically, that: "capitalist economy with extensive social programs".

    I think you should review your sources.

  98. Re: with over 70 percent of companies having 50 em by Nocturna81 · · Score: 4, Insightful

    It's not that hard, the explanation was already given: a country with relatively high taxes that are used to provide (for free or a small fee) services that benefit the population at large. Mainly safety, education and healthcare. You get to keep the money you make in transactions, just not all of it. Everyone is OK with this because they value an equal society where no one is "left behind" more than a society where its acceptable if some people don't make it and others make it many lifetimes over

  99. Re: with over 70 percent of companies having 50 em by PopeRatzo · · Score: 1

    So?

    So, socialism is a good thing. That's my point.

    --
    You are welcome on my lawn.
  100. Re: with over 70 percent of companies having 50 e by dunkelfalke · · Score: 1

    Not really. The social safety nets were first introduced by von Bismarck, a very conservative monarchist. There were meant to suppress socialism and because it was a christian thing to do. This is why it is so ironic when the modern German christian conservatives try to dismantle them, showing that they are neither.
    The USSR, on the other hand, had no general welfare programs except for a constitutional right to a job.

    --
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  101. Re:Sad thing is no other countries learning from t by Anonymous Coward · · Score: 1

    Even though we in Sweden, Finland and Denmark have all those other things you mention it's unlikely we have the same outcome as the Norwegians, at-least not here in Sweden thanks to massive shit-immigration instead ruining things.

    Why are you so negative about immigration? If anything, emigration to America has improved the lives of Swedes on both sides of the Atlantic for more than a century. One point three million Swedes emigrated to America starting in 1638. This not only improved the emigrants own economic situation, but also that of those remaining in Sweden. Major changes in Sweden were brought about because the 1907 Swedish Parliamentary Emigration Commission started social and economic reforms in Sweden in order to reduce emigration. It did so by "bringing the best sides of America to Sweden."

    Today, without immigrants, our Scandinavian social welfare system would have broken down. Collectively, we don't produce enough children to replace ourselves. In Norway, there are a lot of Swedes working everywhere, not to mention people from almost everywhere else in the world.

    I'm an immigrant myself, from Canada, where I grew up in a Scandinavian ghetto. Immigration is a cheap way for a country to get professionals. With specialist education, I feel I have made a contribution to Norwegian society, not just professionally, but because my insights are slightly different from those of the native population. I see problems not just through a Norwegian lens, but also through my Canadian lens.

    Both my children are born in Norway, but are EU citizens through my wife, their mother. My daughter lived, worked and studied in Norway, Canada and Sweden, and worked in Denmark, before heading off to USA. Ditto my son in Germany and Poland, before returning to Norway.

    Rather than complaining about immigrants, I would encourage you to immigrate, and to try living a life through a different lens. Hopefully, you will find the experience enriching.

    I would also encourage you to have your DNA tested. Both my wife and I had surprising results with small amounts of Siberian and native American DNA, in addition to moderate quantities from southern Europe as well as the expected northern Europe. The world is a melting pot. At some point your genes emigrated from Africa, and took a long time coming to Sweden.

  102. Re: with over 70 percent of companies having 50 em by Nocturna81 · · Score: 1

    Direct democracy doesn't scale? Someone better tell Switzerland!

  103. Re: with over 70 percent of companies having 50 em by Nocturna81 · · Score: 1

    You do come of a bit obtuse, but assuming you really don't understand : all markets are regulated even in the USA. Things like health and safety regulations stop things like lead getting in our drinkwater.

  104. Re:with over 70 percent of companies having 50 emp by jareth-0205 · · Score: 1

    Social democracy! = communism

    Everything will make sense if you stop trying to make them mean the same way thing.

  105. except this was not what socialism means by gDLL · · Score: 1

    Except this is not what socialism meant up until 1989. How many socialist republics were there in eastern Europe in 1989 ?

    Redefining words much ?

  106. YOU ARE REDEFINING WORDS by gDLL · · Score: 2

    You are redefining words, this is not what socialism meant for 150 years....

    " The definition of "pure" socialism-as-economics isn't really even worth discussing..." -- yet there have been thousands of books in the 19 and 20 century that did exactly this. Not to mention the practical applications in USSR, Venezuela, Cuba, Estern Europe, China etc etc etc.....

    Basically you want to sweep under the rug ("not worth discussing") the failures of your religion...

  107. ??? switzerland is a small country by gDLL · · Score: 1

    While i love democracy and Switzerland...you make no point, Switzerland is a small country.

  108. socialism == communism by gDLL · · Score: 1

    Meet the bolsheviks: https://en.wikipedia.org/wiki/... (Russian Social Democratic Labour Party)
    Meet the east germans: https://en.wikipedia.org/wiki/... (Socialist Unity Party of Germany)
    Meet the chekoslovaks: https://en.wikipedia.org/wiki/... (Czechoslovak Socialist Republic)
    Meet the north koreans: https://en.wikipedia.org/w/ind... Democratic People's Republic of Korea
    Meet the romanians: https://en.wikipedia.org/wiki/... (Socialist Republic of Romania)

    And you think that by changing the name to "social democratic" you are changing the meaning ? Like the democratic republic of Germany i'm sure...

    1. Re:socialism == communism by jareth-0205 · · Score: 2

      Just because some people mis-use a term does not mean it isn't a term.

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

      There you go, an encyclopedia entry. That wasn't hard, was it?

      If that's too long for you, then here's a Quora summary:

      "Social democracy had made its peace with capitalism. It seeks to reform capitalism from within, and not dismantle the major structures that are associated with capitalism."

      I'm gonna guess you're American - there is a general inability to see a difference between "not-capitalism" and communism there. Not everything is binary, you know, there are mid points along the line between unfettered capitalism and "the state owns everything".

    2. Re:socialism == communism by gDLL · · Score: 1

      Oh yes because "Quora" says "Social democracy had made its peace with capitalism." i will surely believe it (and not my university professors). I'm not equating "social democracy" with socialism but that doesn't mean "social democracy" is cusher.

      "I'm gonna guess you're American", and of course you would guess wrong (what a shock), I am eastern European, yet another reason to school you about socialism comrade. The problem is you don't see where your ideas lead, there are those who read Marx, and there are those who understand Marx.

  109. NO IT ISN'T by gDLL · · Score: 1

    THAT IS NOT SOCIALISM !!!!!!

    My country currently has: socialized medicine, socialized education, socialized welfare system, socialized retirement. AND YET WE NO LONGER ARE Socialists, thank god the food lines are gone.

  110. only when you redefine words by gDLL · · Score: 1

    Genocide is a good thing, because genocide means disneyland, because i said so.

  111. It's the law in Norway. by Qbertino · · Score: 1

    Unlike shitty plutocratic schemes such as the US or - in parts - Germany, Norwegian law says the wealth collected by natural resources belong to all people of Norway and that companies mining those resources have to employ an official company philosopher that thinks about and then decides upon how the gained wealth is put to greater good. (Seriously.)

    Seems to work, wouldn't you say?

    --
    We suffer more in our imagination than in reality. - Seneca
  112. Re: with over 70 percent of companies having 50 em by LostMyBeaver · · Score: 5, Interesting

    What in the world are you on about?

    There are private practices in all these countries. There isnâ€(TM)t even anything that says you have to be a government employed doctor after the country pays for your education. You donâ€(TM)t even have to stay in the country.

    As for salary, some countries like Lithuania have very poor pay for doctors and dentists as part of their socialistic system. But the Nordic countries still have doctors and surgeons being paid very well for their time. And even better, you donâ€(TM)t have an army of idiot doctors checking each room just to add an hour to their billing because theyâ€(TM)re buried under student debt.

    There is no indentured servitude or slavery. No serfs. Itâ€(TM)s a competitive market and doctors can job hop freely to increase their income just like anywhere else.

    There are even things like serving as a doctor in backwoods places like Longyearbyen which pays very well and entirely tax free to make it so that you can be damn near rich within a few years of graduation and move back to civilization.

    But Iâ€(TM)m guessing you have some picture in your mind which makes you think that socialism is some sort of forced work or labor. Soviet Socialism was not socialism. It was simply sold that way.

    I was raised American and I am now in Norway. I am on a 5 week long vacation traveling first class by train with my wife, kids and a niece. We have been to Hamburg, Brussels, Paris and London and weâ€(TM)re continuing on tomorrow... and itâ€(TM)s thanks to socialism that I can market myself in a free market socialist economy and do this.

    Oh and I happily pay 50% income tax on a BIG FAT salary and bonuses.

    Though... you probably know better. You heard about it on Fox News.

  113. Re:with over 70 percent of companies having 50 emp by Luckyo · · Score: 2

    When you're so retarded, you don't even know what was someone's platform, but you attribute his name to beliefs you don't like, because that's a last refuge of an ignorant extremist who got caught peddling garbage.

    P.S. By your ridiculous redefinition of words, almost every state on the planet is socialist already, because they have all those things. Even in Africa, most states have some socialized medicine, some socialized education, some socialized welfare system, some socialized retirement and some highly regulated corporations.

    Just like we do here.

    So we have now established that your measuring stick of "socialism" doesn't actually measure anything that is relevant to socialism.

  114. Re:no by Luckyo · · Score: 1

    You do realise that Norway's oil sales are literally done through an oil company?

  115. Re:no by Luckyo · · Score: 1

    They have a massively positive balance. Not just on cabrohydrates either. They export everything from their famous salmon to things like nickel and aluminium.

  116. Re:no by Luckyo · · Score: 1

    Funniest part is, that Nordics have more net benefit from global warming than others. Better climate, more productive farming, opening of Arctic trade routes and resources. It would actually make sense for us to put as much CO2 in atmosphere as we possibly can.

    Yet we're world leaders in reducing CO2 emissions. And still there are retards like you who just can't stop sitting on a bandwagon screaming idiocy.

  117. Re:with over 70 percent of companies having 50 emp by thegarbz · · Score: 1

    I'm not sure how much you'd appreciate your grocery shopping choices (i.e., your personal exchange) to be regulated by the rest of your neighbors.

    The product I buy off the shelf meets regulations for food standards so I don't get poisoned, packaging so I know what I'm buying, regulations for financial exchanges so one company can't dominate the shelf and build a monopoly, when I go to the checkout the financial transaction is again regulated which is why I can buy a stick of gum on my debit card without some stupid surcharge, even when I am asked how I want to take my goods home the process is regulated to discourage the use of a plastic bag which legally has to cost money and manages to reduce waste in the process.

    I think the real differences is, my neighbours and I have a common interest. Maybe you just have bad neighbours.

  118. Re: with over 70 percent of companies having 50 e by cyber-vandal · · Score: 1

    I'm giving you the US right's definition of socialism which is offering any government support to "freeloaders" such as people who can't afford medical care. My previous post is 100% sarcastic.

  119. Re:Sad thing is no other countries learning from t by aliquis · · Score: 1

    I have no idea what you think you are talking about but no and also I have no kids.

    Also there's a massive difference between immigrants and types of immigrants.

    The shit we get to Sweden is shit.
    1/4 of the Swedish population left for the US in a short time back in the 19th century but clearly not my ancestors. Anyway there was unlikely any 3/4 taxation on work income which provided for others in the US of that time so they weren't much of a burden.

  120. Sanders by GPS+Pilot · · Score: 1

    Bernie Sanders held up "Scandinavian socialism" as a model that the U.S. should follow. Are you saying that he was holding up something that doesn't actually exist, and/or that he is a wannabe far leftist?

    Just trying to understand, in the spirit of quelling class wars.

    --
    That that is is that that that that is not is not.
    1. Re:Sanders by Luckyo · · Score: 1

      Yes, and he was told in no uncertain terms to stop lying about us by Danish PM at the time.

  121. Re: with over 70 percent of companies having 50 e by Luckyo · · Score: 1

    By your insane re-definition, US is socialist.

  122. Re:Sad thing is no other countries learning from t by aliquis · · Score: 2

    Because the immigration we get is shit.

    America is a different country, Swedes emmigration to America was at a different time, Swedes effect as immigrants to America is different to the shit we get to Sweden. It's totally unrelated to Sweden. By law I'm not allowed to say talk in a negative way in whatever way about specific people groups but there's of course a massive difference with an American immigrant of Swiss immigrant or Norwegian immigrant on average and the shit we get the most of.

    There wasn't much to leech of in America. Except plenty of newly conquered land. The average American didn't had to spend for that shit or accept to have his people raped and murdered.

    Now we no longer have the best sides of America in Sweden. We don't have freedom. We don't have border control. We don't have a smallish government (American is also pretty large but of course a bit less into things than our.) and we no longer have low taxes. We don't get to carry weapons for protection.

    The immigrants are shit. We could have good immigrants but we have shit immigrants. We could have a social system which made them less shit (lower taxes, lower welfare, less benefits) but we don't. Our social system is the most attractive for shit people and the least attractive for the best people. The system are shit and the kind of immigrants we get are shit. If we got well-educated obedient productive people then it would still hurt our people but be much better than the shit we get now. I could specify beyond "immigrants" but it's questionable if I'm allowed to and just because "immigrants" could provide benefits doesn't make the immigrants to Sweden any good.

    We don't necessarily have to be as many and that could easily had been affected. We could had given couples who got a child 1-2 million SEK for getting one. Way cheaper than the asylum seekers and their families we don't want and would likely help people decide to get one. That people work the most in the EU and get very little from it makes it harder to have children too. How fucking shitty the society is with all the unwanted immigrants and how little one want to stay here is another one. That a lot of them are young men and that they throw the balance of the sexes out of the water and leave (both immigrant and native) men without women is another one. I don't know if you are aware but it takes two to make a baby and if you import men who occupy your women then it become harder to get children too. It's genocide in multiple ways. As (((planned.)))

    The reason Norway have Swedes working there is mostly because it's less of a shit-hole than Sweden. Norwegians are of no obligation to like having Swedes there and some may even think they are taking their jobs which is a totally fair opinion. But the difference between those Swedes and a Somali mother is that they are there to work.

    Canadian are likely also less shit. As long as they doesn't defend the Muslim invasion and plundering and African welfare migration. Which you obviously do. Any contribution you've done to Norwegian society is most likely taken away by many times if you make them take in one non-European immigrant. In Norway they estimate a western immigrant contribute ~one million NOK to the society whereas a non-european one cost ~4.5 million NOK. Some years ago at-least. So just for the coffers everything else being the Poles, The Swedes, The Canadians in Norway isn't a problem. The Syrians, the Afghans, The Somalis, .. are.

    Whatever I emmigrate or not doesn't change the fact that they are shit. Economically, by enforcing change of society, for our people.

    What I've read about those ancestor DNA tests is that they aren't flawless. I don't know how specific the changes are of it they use statistics (the claim that we've got more variation between a specific population/"race" than between two races (likely with very specific interpretation / the only parts which change beyond the first rather than all of it or whatever) has been made. Anyway I already know I

  123. So Norwegian younguns are better off because they sell more fossil fuels.

    OK, American Left, you have finally convinced me that we should be like Scandinavia. I surrender.

    Let's fill our country with Scandinavians, and sell lots of fossil fuels. So we can be like them.

    What ... I thought you'd be happy??

  124. Re:with over 70 percent of companies having 50 emp by umghhh · · Score: 1

    There is no such a thing as a completely free market that is a place where agents can handle as they please w/o any restrictions. This is not true in any of the country that has a rule of law and justice system as these make restrictions on agent's activities. There are different levels of freedom in different places this much is true. Communal ownership is just the way human societies work. I do not know one that does not have it except maybe ones like NK where everything belongs to Kim but even there he has to give some to some communities (generals and party members and some parts of the populace) or else he will be deposed. I am also old enough to remember living under communists in east of Europe. Even in Soviet Russia there were thing that were owned by private people as well as communities and the state. At the end it is the level of freedom that you grant agents which make a difference. In fact private exchange works everywhere. It is just differently limited in different places. There are of course ideas that drive some groups of extremists one or the other way but pragmatism eventually wins at least to the effect that biggest faults are corrected. In fact communal ownership is just a special case of private ownership.

  125. Re:with over 70 percent of companies having 50 emp by DaFallus · · Score: 1

    Hell..I live in California and almost 50% of my income goes to taxes (Federal + State + St Sales Tax)

    And that my friend, is why California is most desirable state to live in, and we have a bigger population than any other state in the US. Because it's nice here.

    I'm pretty sure the weather and geography play a large role as well...

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  126. Re: No, it isn't by umghhh · · Score: 1

    Norwegians were just lucky to be in a right spot and to have homogeneous enough a society and to invest in a way it worked for them. This is probably impossible to replicate elsewhere w/o much effort in controlling population in some way and that does not work well. They or most of them) must want it that way and be ready to negotiate instead of building militias to get what they see as their own. Considering the world vision agenda 2030 this may change drastically in the future. I also tend to think it is really difficult to find the reasons beyond wealth of the nations. Not sure about Norway but Swedes were poor like hell at then end of 19th century or why otherwise so many migrated to US back then? US on the other hand is rich but not regularly - there are places where it looks like 3rd world country. I suspect US is just big enough and heterogeneous enough for huge variations and on top of it you have the ideology there or American Dream and that even the poorest are future millionaires, being poor only temporarily. This has not worked well for waves after wave of immigrants but does not work so well for established societies and communities. The final answer to the question what makes nations wealthy cannot even be answered because of the nature of the being called nation - Germans refuse to accept such thing ever exists and it is almost official ideology that all people are the same w/o any difference in genetics and culture. This works only so far and we will see how well their Merkel experiement of 2015 will go. Probably not very long as they are stupid enough to destroy own industry too. What I have seen in Sweden however is that they have different ideologies but they corrected them. Even open door policy has been suspended (w/o much talk about it) when they saw it is unmanageable. Similarly they have fixed their socialist experiment of 1970 after it produced huge deficits.
    There was a book "Guns, Germs, and Steel" by Jared Diamond - it does not have to be correct in its claims but it is interesting because it shows that there are so many successful societies and yet we have no clue why they are so.

  127. Re:Sad thing is no other countries learning from t by StandardCell · · Score: 1

    You are correct - it's "The Alberta government". I have never once heard one single person in Alberta refer to it as "The Albertan government" no matter what their socioeconomic background.

  128. Re:with over 70 percent of companies having 50 emp by mjwx · · Score: 2

    I'd really need to hear what your definition of socialism actually is

    I use the dictionary definition:

    "a political and economic theory of social organization that advocates that the means of production, distribution, and exchange should be owned OR REGULATED by the community as a whole."

    The only other thing you could possibly mean is that everyone acts as a capitalist agent, but the government takes most or all of their earnings.

    Well, the income tax rate in Denmark is just over 60%, so it fits that definition, too.

    I don't know if there's a group of people on the planet weird enough to play by those rules.

    Denmark. Denmark plays by those rules. More than 60% of income in Denmark goes to taxes. Last time I checked the definition of "most", 60 percent meets the definition.

    Face it: The happiest countries in the world are the countries that have struck a balance between socialism and market economies.

    Market economies are independent of socialist/capitalist governments. The market economy fails when a government puts it's ideologies above functional economics... I.E. under extremist governments. Both extreme socialism and extreme capitalism will lead to a collapse of a market economy, ironically due to the same issue, one party gaining too much power over the market, under socialism it's the government, under capitalism it'll be a corporation. End result is the same really.

    No country operates a successful "pure" capitalist or socialist economy, they're all mixed in various amounts.

    --
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  129. Re:Sad thing is no other countries learning from t by drinkypoo · · Score: 1

    Now that technology is unlocking massive amounts of fossil fuels, it's unfortunate that other countries (I'm thinking of my country Canada) aren't following the example and planning for the future in the same way.

    Exploiting fossil fuel reserves is selling out the future for profit today.

    --
    "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
  130. Re:Blame Evil CO2 by drinkypoo · · Score: 1

    Well, on the other hand Norway gets 98% of its electricity from renewable sources, and only 2% from fossil fuels, and about half of cars sold there are fully electric or plug-in hybrid.

    Who cares? Oil is fungible and pollution spreads, it doesn't matter who burns it or where. They're culpable.

    Yes, others are much worse. I talk bad about that all day. But now we're on Norway.

    --
    "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
  131. Re:America could be the same way, it creates wealt by houghi · · Score: 1

    If you want to organize, understand that there is a difference between a Union and a Trade Union (Basically a Guild).
    The first is for the people, the second is for the job. That is a huge difference.

    Where I live (Belgium) everybody can join a union. There are several unions that you can join. There are also some trade unions that you can join. And even then there will be different options. If I wanted, I could even join several unions, although there is no reason to do that.

    You can also join at any time. If you are a member of a union, you do not have more, nor less rights. (Elected Union members is a different discussion).

    The reason I joined a Union was because I got let go at a job. The first I did was go to a union. Not to protest it, but because they took care of all the paperwork to get my unemployement benefits. Instead of doing all the paperwork myself and wait a few months before it starts coming, they will already give it to me on a monthly basis.

    So even the fact that I was unemployed, ment that I could join a Union. And I care more about me than about the job I do. It also gives less power to the Unions. I do not want them to be too powerfull.

    e.g. there was a strike with the trains a few days ago. There where fewer trains, but not no trains. I still was able to go to work and stil able to get home with minor delays. This because only one union of the trains was on strike, not 'The train Union'.

    And nobody cares if you are Union or not. Every company above 50 people (or is it 49) has to have a 'social election' where a representative of the Unions need to be elected. Not sure how many. I also assume that it is more when the company is (much) larger.
    So almost every company is 'unionized'. The smaller companies still could have people who are in a Union or not. Nobody cares.

    I have never been asked if I was in a Union or not. With my friends the discussion has come up. It is nothing to be ashamed of, but also not something importand to bother people with.
    None of the job interviews I have been present at, on both sides, anybody asked about a Union. There is no reason, because there is no difference and I could easily change my status from one day to the other.

    Really: nobody cares. And again: you have a choice to go to any of the Unions you like to go to. Yes: some things they do I do not agree with and some things I do agree with. In the end what I like is that they have seen that there is an honest power distribution between myself and a large company.

    --
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  132. Re:with over 70 percent of companies having 50 emp by drinkypoo · · Score: 1

    I'm not sure how much you'd appreciate your grocery shopping choices (i.e., your personal exchange) to be regulated by the rest of your neighbors. Do they get to pick what you're having for supper or what products can be sold at the grocery store?

    What kind of ridiculous question is that? Yes, of course they do. In every developed country, that's how it works. Naturally they don't actually choose what you have for supper (thanks for the fallaciously ridiculous example there, sport) but they absolutely do choose what you can buy. The representatives of The People set standards for what kind of food can legally be sold. That's how it works there, and it's how it works here. Furthermore, that is a feature. I don't want non-food items to be sold as food. If I want to put non-food items in my mouth, that's my own business, and still not against the law, but I certainly don't want my supermarket to contain fake eggs or plastic rice.

    --
    "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
  133. Re:with over 70 percent of companies having 50 emp by drinkypoo · · Score: 1

    Dumbshit.

    Kid, go back and read what he C&P'd there. You actually quoted it right there, and then you referred back to the post where he pasted it the first time, where it says the same thing because it's the same thing you quoted: "owned OR REGULATED by the community as a whole"

    Communism is a kind of socialism where the stuff is literally owned by the community, but it's not the only kind of socialism. And the text you're complaining about made that abundantly clear.

    --
    "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
  134. Re:with over 70 percent of companies having 50 emp by drinkypoo · · Score: 1

    HOWEVER, too often people want communal ownership AND communal control over those resources - and that breaks down quickly. Direct democratic operation really doesn't scale well at all; could you imagine having hundreds of thousands of people voting monthly on decisions made by your local utility?

    Yes, yes I can. I think it would work a lot better than letting them manage themselves, since PGE is doing basically everything wrong; they're not maintaining gas lines, causing fires, and they're not maintaining clearances around power lines, causing fires. And they've knowingly and willingly polluted significant areas in ways that gave a lot of people cancer.

    In any case, with modern technology, participatory democracy is easy. We only have so little of it here in the USA by design. If we actually got out and voted, things might change, so significant effort is spent dissuading us.

    --
    "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
  135. Re:with over 70 percent of companies having 50 emp by drinkypoo · · Score: 2

    I guess we're socialist, too, comrade!

    All democratic government is socialist, unless only the people at the top benefit and all the people below are slaves. The only real question is to what degree they are socialist. A government that doesn't do anything for The People fails; a government that does things for The People is engaging in socialism. To be fair, the USA is not very democratic, but then, it's not very socialist either. We have some half-assed, inefficient health care which is only given to the very poor. Whoopeeshit!

    --
    "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
  136. Re: with over 70 percent of companies having 50 e by drinkypoo · · Score: 1

    Not really. The social safety nets were first introduced by von Bismarck, a very conservative monarchist. There were meant to suppress socialism

    You can't suppress socialism (by and for the people) by doing things by and for the people. That's not how it works.

    and because it was a christian thing to do.

    You mean it was meant to pacify and delude?

    --
    "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
  137. Re:with over 70 percent of companies having 50 emp by ceoyoyo · · Score: 1

    The nordic states (and most of the nations in the western world) aren't properly called socialist. They're social democracies:

    "Social democracy is a political, social and economic ideology that supports economic and social interventions to promote social justice within the framework of a liberal democratic polity and capitalist economy." (https://en.wikipedia.org/wiki/Social_democracy)

  138. Re:with over 70 percent of companies having 50 emp by ceoyoyo · · Score: 4, Insightful

    You are, and have been for a long time. Which makes it very strange that you fight so hard against more universal socialization (45% -> ~100%) in areas like health care that have proven so successful in other places.

    In the US social democracy seems to have been successfully conflated with Soviet-style totalitarian communism.

  139. Re:Sad thing is no other countries learning from t by ceoyoyo · · Score: 1

    Alberta shares tar sands (and conventional oil) revenue already. The federal government doesn't really have a good system of saving and reinvesting windfall revenue, they mostly just give it back to provinces in equalization payments.

    Alberta itself used to have something called the Heritage Trust Fund where oil revenues were saved and some was used to fund things like technology sector development, scholarships, etc. (my PhD was partly paid for by heritage funds). After forty years of power the conservative government apparently got cocky and raided the fund. That's part of what got them kicked out and the NDP elected.

  140. Re:Sad thing is no other countries learning from t by ceoyoyo · · Score: 1

    I don't think I've ever heard a Canadian refer to a provincial government that way. It's always Alberta, Ontario, Quebec, Saskatchewan etc. government. Then Canadian government.

  141. Re: with over 70 percent of companies having 50 em by drinkypoo · · Score: 1

    I should be able to buy my unpasteurized milk from a farmer down the road. I am not a fan of unpasteurized milk, but its not anyone elses business. I want freedom, not slavery.

    I agree, you should be able to do that. And if people stayed involved in government, then they'd be able to. Here in California, you still can buy raw milk from the farmer down the road... or in a supermarket, if they choose to sell it to you. They do have to label it clearly, though, and there are still standards the product has to meet.

    --
    "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
  142. Re: with over 70 percent of companies having 50 e by dunkelfalke · · Score: 1

    You can't suppress socialism (by and for the people) by doing things by and for the people. That's not how it works.

    Actually yes, this is ultimately what killed socialism in Germany, although it took about a century to achieve. In order to have actual socialism the workers have to struggle and they generally do that when they don't have much to lose, which was the case back in the day. With all the social safety nets and the compulsory single payer medical insurance the workers seldom bother, especially since the amount of actual industrial workers has fallen sharply after the whole deindustrialisation thing.
    This is why social democracy in Germany is in its death throes, which is a shame.

    You mean it was meant to pacify and delude?

    Well, that too. Look, apparently, for some reason, you seem to think that I am some christian conservative, which couldn't be further from the truth. But in the case of social safety nets, credit where credit is due, von Bismarck did the right thing back then, even if it was for all the wrong reasons.

    --
    "It's such a fine line between stupid and clever" -- David St. Hubbins, Spinal Tap
  143. They're not centrists by rsilvergun · · Score: 2

    don't call them centrists. They're right wing. Calling them centrists makes them sound reasonable when they're not. Call a spade a spade and a right wing Democrat right wing.

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  144. The student debt is because we pulled subsidies by rsilvergun · · Score: 2

    from public Universities. I was in college in the 90s when this crap started and remember the school paper talking to the economics professors who pointed out that without the subsidies tuition would hit $12k+/yr by 2020. They were wrong, we hit that in 2016 when my kid hit college.

    College was _always_ this expensive. It didn't go up in price any more than inflation. The federal government was subsidizing education. They stopped doing that so they could give tax cuts to billionaires.

    Trump is very much a member of the ruling class. He's a billionaire who sites on golden thrones. Swing states haven't changed since I was a kid. I'm 40.

    You're twisting the logic. This is a common right wing tactic pioneered by Karl Rove in the United States and the Soviets before him. Why should somebody in Montana be able to force their politics on the more populace California? How the hell is that Democracy?

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    1. Re:The student debt is because we pulled subsidies by penandpaper · · Score: 1

      I am not so sold on your idea for college because of the law that changed in 2005 for debtors to avoid any and all risk. Before then private college and loans were just another option that may or may not be better. After, they were viewed as predatory and broke all trends of increased costs. No other time before that law changed had the same dramatic price increase.

      Trump is very much a member of the ruling class

      Maybe now but not before he was elected. Clinton was the ruling class in every aspect of the phrase.

      Swing states haven't changed since

      I distinctly remember a blue wall falling apart recently. The US moves slow. So what.

      Why should somebody in Montana be able to force their politics on the more populace California?

      It's not a democracy and never has been. Montana shouldn't be able to force their politics but if the federal government makes policy decisions that affect large number of Montanans and they vote in congressman to undue that policy then that shouldn't be a surprise and that those changes, if good, should be done by law and not policy to give Montana a say. You didn't demonstrate how I twisted logic. All I said was that if California wants free college or w/e that they can do it without Montana or the Federal government.

  145. Re: with over 70 percent of companies having 50 em by LynnwoodRooster · · Score: 1

    While you're at it, you should learn about Switzerland's political system. It's not direct democratic; it's semi-direct, it's a Federal system like the US is supposed to have. Direct at the local level, indirect at higher levels. And it helps when you have just 8 million people (about the size of the Bay area, or 1/3rd of the Los Angeles area) in your entire Country; you can manage "democratic" operation a bit higher up.

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  146. Re:with over 70 percent of companies having 50 emp by LynnwoodRooster · · Score: 1

    PG&E should not be exempted from prosecution, and the executives of the utility should be brought to Court. Of course, when PG&E is basically a Government entity (due to massive regulations and funding - it's essentially a 'fascist corporation" for the State of California), it's going to get preferential treatment...

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  147. Re:with over 70 percent of companies having 50 emp by LynnwoodRooster · · Score: 1

    So you make over $380K a year?

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  148. Re:with over 70 percent of companies having 50 emp by LynnwoodRooster · · Score: 1

    OR. You seem to know know what that word means.. When someone says "OK, here in this case we're talking "owned", how does that work?" and you ignore the OR... Time for remedial reading!

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  149. Re: Sad thing is no other countries learning from by DES · · Score: 1

    Those wage scales only apply to employers who have agreed to them, either directly (through negotiations with unions) or indirectly (through membership in an employers' organization).

  150. Re:with over 70 percent of companies having 50 emp by PopeRatzo · · Score: 1

    So you make over $380K a year?

    For both of us, if you include capital gains.

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  151. Are you for wealth inequality ? by OrangeTide · · Score: 1

    if your population rate grows through combination of a high birth rate, high life expectancy, or immigration. Then either your standard of living must decrease, or your GDP must increase. I believe Norway's new generation are benefiting from egalitarianism and high tax rate of Nordic socialism. Norway's population rate is increasing by about 1%, while the U.S. is 0.81% (source). What is extremely interesting is that the GDP growth rate for the US is better (2.20%) than Norway (1.40%). What I left out in my second sentence is that the final factor is if your society suffers from a growing wealth gap. It should be obvious now that millennials are suffering in the US because they have high costs compared to income than previous generations. Costs for housing and student loans, as well as lower wages conspire to reduce the standard of living for the new generation.

    --
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  152. Re:with over 70 percent of companies having 50 emp by PopeRatzo · · Score: 1

    Didn't California go bankrupt a few years ago?

    No.

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  153. Re:with over 70 percent of companies having 50 emp by LynnwoodRooster · · Score: 1

    Cap gains, which are taxed at 0% to 20%? That's how you get to 60%? Again - you're full of BS.

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  154. Re:It's not about social security by OrangeTide · · Score: 1

    Their GDP growth rate is slower than the US's. But Norway has a larger middle class than the US (lower wealth inequality). I think the article would be more interesting if Norway and Sweden were compared, because Sweden has the second worst wealth inequality by some metrics (the US is the first). And regionally, culturally, and economically Sweden is more similar to Norway than the US or UK.

    --
    “Common sense is not so common.” — Voltaire
  155. Re:with over 70 percent of companies having 50 emp by Bengie · · Score: 1

    They estimate that 40% of the work force is not actually needed as of right now. It would require some restructure and a change to the belief that everyone needs a job, but we could maintain our production, while reducing the number of people working without increasing the number of hours the working population has to work while making them happier at work. The data, according to some, is showing that there's some combination of people adding less value than the administrative overhead they create by just existing and others who can technically do a job, but not well enough to be of positive value.

    This issue does exist, how much is up for debate, but it will get worse and worse over time. What's the end game for when 99% of people are negative value to no fault of their own?

  156. Re:America could be the same way, it creates wealt by Proudrooster · · Score: 1

    Union Power was more than balanced by the Citizens United ruling, where corporations could be considered persons for the sake of contributing to a political campaigns.

    Power can not and should not be this lopsided in America, or you end up in a cut throat race to the bottom for anyone that is not at the C-level in a company.

    I want to live in a country where people can be dealt with fairly and not just at a "sector competitive" or "industry competitive" rate of compensation and benefits. "Industry Competitive" is code for our competitor figured out a way to cheat their employees, so we are going to cheat you in the same way.

    Do we really want to live in the hunger games?

    Do we want to continually "dummy down" and have the "race to the bottom".

    Walmart has already achieved this feat and I recommend spending a few hours there just to get a feel for the bottom. Look at store quality, talk to the employees, ask for help, maybe have lunch at the local restaurant.

  157. Re:with over 70 percent of companies having 50 emp by Darinbob · · Score: 1

    Socialism as a word is like capitalism, you can range from being slightly socialist to being overwhelming socialist. Most countries have some amount of socialism. Ignore the modern redefinition of socialism as used in recent US presidential elections which seems to equate socialism with communism. If there are tax moneys that go to welfare, health care, education, or job loss protection, then there's a some socialism involved whether or not the economy is based on capitalist principles. Socialism doesn't require direct worker ownership of companies.

    The US has had this huge anti-communist political trend for a long time, which morphed also into an anti socialist and anti union political stance as well. Which is why for some strange reason, "socialist" has become a new insult because it's a trigger word for those who were around in the anti-commie era and another way to divide people into "us" versus "them".

  158. Re: with over 70 percent of companies having 50 em by Nocturna81 · · Score: 1

    All good and well. And you do get a point for it being semi-direct at some levels. However: the claim was that no system existed where a hundred thousand people have direct democratic influence. I point to a counter example of it working right now. Who cares how many people Switzerland has? That's movig the goal post

  159. Re:America could be the same way, it creates wealt by Proudrooster · · Score: 1

    Not so much destroying unions, only the unions that give money to the opposition. The Police and Fire Unions get special carve-outs and opt-outs for Right to Work laws. Teacher unions, no so much. The process is very similar to gerrymandering.

  160. Re:with over 70 percent of companies having 50 emp by PopeRatzo · · Score: 1

    You don't know how percentages work.

    I assure you, that when my federal, state and local taxes (including real estate taxes) are factored together, it is within 10% of the Danish tax rate. And worth it.

    --
    You are welcome on my lawn.
  161. Re:with over 70 percent of companies having 50 emp by angel'o'sphere · · Score: 1

    Despite the fact that you got modded several times above +3 in your answers to PopeRatzo: you are just an idiot. And so are your moderators.

    Can't be so expensive to fly to Denmark and check for your self, or use google earth.

    E.g. I'm not sure how much you'd appreciate your grocery shopping choices
    Hae? What? What kind of choices are you talking about? The fact that alcohol is expensive (relatively)? Or the fact that the girl at the cashier is most likely an immigrant and black or brown or asian?

    Moron ...

    --
    Cost free eBook I read (by iBook/Kobo/Amazon/ObookO/Gutenberg etc.): "The Green Odyssey" by Philip Jose Farmer.
  162. Re:Sad thing is no other countries learning from t by volmtech · · Score: 1

    As we say in the religious South, "Preach it brother!"

  163. Re:Sad thing is no other countries learning from t by Luckyo · · Score: 1

    Another key point to remember is that Alberta would likely not just go independent. It would join US. Because its oil needs US shale for proper refining, and its economy is actually more integrated into US than Canada because of it.

    Not in some distant future. Right now. The hard part of independence/joining another state is already done. And because of it, being in Canada on a different currency makes Albertan economy less efficient. Which is why confederate leadership will never antagonise Alberta beyond the minimum necessary amount. They know the outcome should the push come to shove. It's far too risky.

  164. Re:with over 70 percent of companies having 50 emp by q_e_t · · Score: 1

    Sadly, the UK didn't do the same.

  165. Re: No, it isn't by q_e_t · · Score: 1

    One of the other issues with the UK's North Sea reserves is that they peaked much sooner than expected. It was originally forecast that it would be around 2010, but it happened in 2001. The government of the day had, to some extent, notionally spent that additional tax revenue already, so had to roll back on things, somewhat (e.g. public sector employment peaked in 2005).

  166. Re:with over 70 percent of companies having 50 emp by thomst · · Score: 1

    Archangel Michael protested:

    The moment you conscript (yes) a doctor or teacher, and Require society to pay them a set wage, you'll find that they become in short supply, especially when considering the rest of the market is more or less open and free. Nobody goes through ten years of prescribed education to be told they can only charge so much for their services, and are otherwise required to give said services away.

    You're as out of touch with 21st-Century reality as a person can be.

    The vast majority of doctors in the USA work for HMO/HMA/group practice organizations. They are paid a salary - and possibly a bonus, depending on the organization and the amount of income they generate for it - while the individual organization sets the actual price of their services. Which is to say they work for wages, and don't get to set the terms of their own employment. Likewise, primary and secondary-school teachers in the USA are almost entirely union members, and therefore are paid whatever the (typically quite small) salary the union's contract with the local and/or state school board stipulates, as determined by their seniority. There's seldom even any incentive pay. College profs, likewise, work for wages.

    You're doing exactly what I cautioned against: insisting on trying to shoehorn messy, complicated reality into your tidy, simple economic model that willfully ignores practical, quotidian, everyday facts of life in favor of supposedly-stirring rhetoric and pronouncements ex cathedra from your boyhood fascination with Ayn Rand's comic book Atlas Shrugged.

    But, by all means, tell me more about these so-called "failed socialist economies" - because I don't see any of those here in 2018 ...

    --
    Check out my novel.
  167. Re:Sad thing is no other countries learning from t by q_e_t · · Score: 1

    It's not tax and spend, it's 'pump it out of the ground and spend'. At most, it's taxing the earth.

    It's easy to sell petroleum products real cheap when you don't have to burn it for lights and cooking

    sounds prudent

  168. Re:with over 70 percent of companies having 50 emp by thomst · · Score: 1

    I stated:

    Communal ownership of some basic resources (infrastructure, for instance) is baked into western democratic practice. That's the case because it makes sense that those resources be held in common.

    Prompting LynnwoodRooster to respond:

    For some things - such as utilities and public parks, I agree it makes sense. HOWEVER, too often people want communal ownership AND communal control over those resources - and that breaks down quickly. Direct democratic operation really doesn't scale well at all; could you imagine having hundreds of thousands of people voting monthly on decisions made by your local utility? Best to think of it as a corporate model - the corporation (utility/park) is owned by the people (the shareholders) who empower control over the corporation to a small group. And review the performance of the group every few years. In other words - a republic model of control, rather than a democratic (mob rule) method.

    I can actually see a system of direct democracy that could work pretty well, assuming proper authentication technology is developed:

    Every adult has a vote witch he/she is required to cast on every legislative decision, be it local, regional, or national. Every voter has the option of appointing a surrogate to cast that vote in his/her place. Voters are free to employ a professional, non-partisan surrogate, who is contractually bound to follow the guidelines the voter sets out, or they may entrust their votes to a volunteer whose decisions and positions appeal to them. Surrogacy may be revoked at any time, for any reason, by either party to the agreement.

    So, effectively, you actually have a representative democracy (because only a small percentage of voters will choose to wield their votes personally, even if almost everyone is unemployed, and theoretically has the leisure to fully participate in the legislative process). It has the advantage of essentially the equivalent of snap elections, where, when a volunteer surrogate casts a vote that most of the voters who have awarded him surrogacy disagree with, he/she woould abruptly find him/herself reduced to a single vote - or a mere handful.

    It'd sure make professional politicians a helluva lot more directly responsive to their constituents, don't you think ... ?

    --
    Check out my novel.
  169. Re:with over 70 percent of companies having 50 emp by cascadingstylesheet · · Score: 1

    That's socialism, bro.

    Call it what you want - The result is some of the happiest, healthiest, best-educated free people in the world, with 80%+ less crime than the USA. If that's "socialism" I think many, many Americans would happily take it.

    It is socialism, and many Americans would love to see it happen here. And it will.

    Unless being mostly Nordic has something to do with it.

    But science never has confounding factors, so I guess that's not possible.

  170. Re:with over 70 percent of companies having 50 emp by PopeRatzo · · Score: 1

    Unless being mostly Nordic has something to do with it.

    Are you suggesting that people of Nordic ethnicity have an extra bone in the foot that makes them more suitable for socialism?

    I mean, as long as we're throwing stuff out there...

    --
    You are welcome on my lawn.
  171. Re:Sad thing is no other countries learning from t by LynnwoodRooster · · Score: 1

    Clearly you're not a Canadian, eh. It's aboot time you admit it, eh? You forgot the "Eh" at the end of Alberta Government, eh..

    Just a little ribbing for our brothers in Canuckistan from a displaced Tropical Hippy from Seattle...:)

    --
    Browsing at +1 - no ACs, I ignore their posts. So refreshing!
  172. Re: with over 70 percent of companies having 50 em by LynnwoodRooster · · Score: 1

    So you mean in Switzerland, every citizen's input is required for every decision? When there's a question about whether to paint the East-bound lanes or the West-bound lanes, all citizens vote on it? Or do they have a representative whom they elected make that decision for them? In a direct democracy, the people make the decision. In a democratic Representative Government, the people directly elect Representatives (Governors, mayors, Federal levels) to make decisions for them.

    --
    Browsing at +1 - no ACs, I ignore their posts. So refreshing!
  173. toward socialism (was: Re:huh) by dgallard · · Score: 1

    The thing not understood by Fundamentalist Libertarians (yes, it's a religion) and other's who believe Capitalism is the only answer is that socialists (socialist has many meanings, I will unapologetically stick to mine) are not against ownership of property, they are for finding a system where MORE people have property and ownership and control of their lives. Capitalists make most of their money by virtue of what they own. I believe we could convert all renters into home owners, for example. That would require new laws making it impossible to rent a property to a person as their primary residence. And it would require replacing for-profit banks by nationalized distribute-profits-back-to-the-tax-base banks that, over a few decades buy out all current land lords (lords being a feudal concept), and replace that system by a system of much more equitably distributed ownership. Same goes for companies. Fine that a top notch PHP programmer was able to become a billionaire by being in the right place at the right time and making the right moves. In a socialist economy he would still be very well rewarded but laws requiring all employees to own part of the company along with much more progressive taxation would also help level the playing field.

    Systems like in Denmark, Norwayt, and Germany just go a small step toward my above-hinted-at concept of socialism, but they are a start. Germany is a net exporting industrialized country with tax-base paid education for all and health insurance for all. If they can do it, the U.S. could do it.

    See: http://oceanpark.com/blog/2013/10/no-rent-and-distributed-ownership/

    Dennis Allard
    Santa Monica
    July 16, 2018

  174. Re: with over 70 percent of companies having 50 em by turbidostato · · Score: 1

    "WTF are you talking about. The US military has not relied on conscription since the Vietnam era."

    Do you even read? The US military is as much conscription-based as doctors in any socialized health-care first world country.

    "The socialist systems are failing hard"

    Thank you for letting me know. Let me think about it for a while...

    Nope, even after your enlightment, I prefer my country's socialized health-care system -and its statistical output regarding not only life expectancy and population health variance, death rates at birth, etc. but also its per capita costs, to USA's any day of the week, twice on Sundays.

  175. Re:Sad thing is no other countries learning from t by drinkypoo · · Score: 1

    So, why is it okay when Norway does it, but the height of evil when we do it?

    It's one level of evil when they do it and at least their citizens get something other than fucked, it's another level of evil when we do it and all we get is this lousy environment.

    --
    "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
  176. Re:with over 70 percent of companies having 50 emp by PopeRatzo · · Score: 1

    No, that's not why. I'm sure the cities full of homeless sure enjoy your high taxes. I'm sure the illegal immigrants there sure enjoy your high taxes. I'm sure your middle class fleeing to surrounding states sure enjoy your high taxes.

    People from flyover states sure have a funny idea about what California's like.

    --
    You are welcome on my lawn.
  177. Re:with over 70 percent of companies having 50 emp by Luckyo · · Score: 1

    As noted several times above, we're not socialist.

    What we are however is more collectivist, and we run high trust societies. This is because of the culture that came out of the unique challenges of living this far north. If you tried resolution methods that put you in conflict with your neighbour, neither of you would likely survive to the next spring. Winters around here are that punishing. All while having almost no population, so relatively little need to competition for land. It's far more important to work than to conquer, because conquerors just can't gather enough resources to effectively survive the winter, something Swedish Crusaders discovered in Finland.

    That means that co-operation and societal support of the weakest, as you will need everyone to work the land just to survive. All while maintaining the basic principles of elites' right to ownership of most things formed the core of the culture as you cannot afford to waste any talent - something that is visible to this day in the fact that we all but worship meritocracy in education systems.

    And it's why this model is in free fall in Sweden, where MENA cultures that are the exact opposite of our cultures are now taking hold, and finding just how easy it is to abuse the high trust society now that technology prevents environment punishing such behaviour with death. Because MENA cultures are the exact opposite - grown in climate where you can have a massive conflict with your neighbour, and there's still enough food around to survive the winter. All while having enough production to support large population groups, that can feud within and between each other.

  178. please read history by gDLL · · Score: 1

    Please read history, the word socialism meant communism, and still does. Read Marx please.

    1. Re:please read history by Darinbob · · Score: 1

      Marx is not the authority here, he did not invent or define the word or system. Marxist socialism or Soviet style socialism are not the only types of socialism that exist. Marx's Communist Manifesto specially criticized several existing forms of socialism.

      There were the Nordic social democratic governments in Europe that were in no way "communist". Bernie Sanders is not a communist. Of course, for a long time Americans were taught that socialism is a stepping stone to communism, and that trade unions were controlled by communists, and so forth, all propaganda. That's why there's still a knee-jerk response to "socialism" in many older people.

  179. Re:with over 70 percent of companies having 50 emp by turbidostato · · Score: 1

    There is no conscription for doctors anywhere else, either.

  180. Re: with over 70 percent of companies having 50 em by Capsaicin · · Score: 1

    Of course social welfare programs are part of socialist systems.

    Firstly, OP didn't write that they weren't or couldn't be, OP wrote "Welfare is not socialism," which is to say it's possible to distinguish between socialising the means of production (socialism) and wealth redistribution via taxation (social welfare). Plainly social welfare can exist in modern capitalist democracies.

    Secondly, while it is true that social-democratic parties have eventually come to be seen as its champions, the modern welfare state was initially the creature of conservatives deployed explicitly as an anti-socialist measure. This was already so in the C19th, but took on increased significance after the Russian Revolution.

    If social-democrats increasingly saw the value in pursuing the "crumbs off the capitalist's table" --and to be fair, redistribution via high taxation had seemed more effectively to provide the larger part of society with a better life than violent revolution --in the early post-war period most conservative parties around the world were more than willing accomplices. It was really only towards the end of the 1970s, as the Soviet Union was increasingly understood to be spent force and especially as any talk of "Revolution" in the West became increasingly fanciful, that conservatives began the move to call their welfare state back in. The modern welfare state, from that perspective, had amply served its purpose in protecting Western liberal-democracies [in which use, for the benefit esp. of our American friends, 'liberal' refers to private ownership and free markets] from the threat of socialism, and had thus outlived its purpose.

    Welfare is not Socialism!

    --
    Better to be despised for too anxious apprehensions, than ruined by too confident a security. --Edmund Burke