Erik Engheim
1 min readDec 29, 2020

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No, Michael it began with a discussion of Socialism in Norway and Venezuela found here: https://erik-engheim.medium.com/socialism-and-capitalism-in-venezuela-and-norway-c864c7a59e8b

I linked into this article to supplement what I wrote about. From what I remember we discussed business environments.

I was linking to this article because I wanted to get the point across that the typical Heritage foundation rating of Nordic countries as some sort of capitalist paradise is to really put a spin on reality.

Business like Scandinavia because there is an effective government, courts are effective. The laws respected. Budgets balanced, private property respected.

To characterize that as something opposite of socialism, is to imply that socialism somehow means a lawless corrupt state.

On the typical things that pro-capitalists champion such as "labour market flexibility" which is just a pretty word for no rights to workers, Nordic countries will not make them very happy.

Nor will the strong consumer laws make them happy.

Nor will a capitalist fan boy be thrilled about all the power given to unions or that 30% of their board has to be filled with representatives from workers. In short these are all very socialist inspired policies that places such as the Heritage foundation prefers to brush over and ignore, because it runs counter to their narrative that only the most capitalist states succeed.

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Erik Engheim
Erik Engheim

Written by Erik Engheim

Geek dad, living in Oslo, Norway with passion for UX, Julia programming, science, teaching, reading and writing.

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