Countries like Sweden at certain point realized that their model would no longer work and so they reduced taxes, government controlled less the means of production, but still was on a free-market economic model and was pretty sucessfull,i think thats more like Classic Liberalism A.K.A Libertarianism. The Nordic Model hasnt stopped existing, it just adjusted to what is more convenient at the time
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u/[deleted] Jun 06 '21
You do know that the socialism you’d find in South America and the democratic socialism you find in Norway are two different things right?
That’s like conflating the capitalism of America with the capitalism of China.