this post was submitted on 17 Mar 2025
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Meanwhile, socialist Norway's wealth fund could maintain everyone's standard of living for 400 years if they stopped working right now.
Can't eat money
Norway isn't socialist. And by "everyone" you mean just Norwegians, even though Norway's wealth was built on the backs of people in the global South.
Not to mention that Norway's public wealth is being claimed by the capitalist class, just like in every western country
Norway funds its safety nets off of super-exploitation of the Global South, ie Imperialism. It is firmly Capitalist and in no way Socialist, private property is the primary driving aspect of Norway's economy, the higher standard of living comes from acting as a Landlord in country form.
norway isnt socialist. they just excel at exporting capitalism's issues to the third world.
of course not, you can bet that "wealth fund" is invested in institutions that leech of the global south.
I upvoted for the first sentence, don't know enough about Norway to have a critical opinion on the second one. It does sound like imperialism though. When they don't any more resources to exploit nationaly, capitalists must go elsewhere
for the second part: i'm not well versed in norway's specifics but northern europe in general uses brazil as a resource colony, i know norway engages in oil extrativism here, in some delicate areas of the amazon rainforest that really shouldnt be disturbed right now.
i'm willing to bet good money they do it to many many other regions too.
Hmmm, interesting. But what if we gave it all to one guy?
Whenever people say this they neglect to point out that all the money came from selling oil.
They forget to point out that only dumbfuck yanks would consider Norway to be socialist, so the comment, in a meme community, is misleading from the get-go.
Norway is not socialist in the least
thats not something to boast about, it tells how deeply embedded the nordic socdems are in financial parasitism aka imperialism.
living off interests is parasitism
Norway is a capitalist country. It us an OECD hanger-on to the US-led imperialist world order.