Russia would hardly start a war with NATO over Norwegian oil reserves.
“Socialism doesn’t work in the long run.”
- Agree, but what has that got to do with Norway?
Norway is less Socialist than a lot of people seem to think. They have higher taxes on cars, gas and higher sales taxes than the US, but about the same income taxes and way lower corporate taxes and Norway is, furthermore, home to more dollar millionaires per capita than any other country.
These millionaires have become rich through intelligent investments in areas like stock, real estate, construction, shipping, manufacturing, services etc.
Norway has become rich from adapting a Capitalist societal model in a globalized business environment.
Norway has probably got a higher proportion of intelligent and skilled investors, managers and entrepreneurs than most other countries. That doesn’t sound like a Socialist national trait to me.
I have been to Norway and some of what you say is true... it is also true that they are socialist practicing Capitalism.
LLS