socialism is always in contrast to private ownership
The Nordic Model is public ownership of high value industry (most notably, the O&G industry). They also have universal healthcare and free education, which come as a byproduct of state owned and operated medical centers and schools. And strong union membership puts a public leash on private enterprises at the level of direct worker action.
“The government controls around 35% of the total value of publicly listed companies on the Oslo stock exchange, with five of its largest seven listed firms partially owned by the state.[34]” good, but not socialism. Free healthcare and schools are not related to socialism.
The Nordic Model is public ownership of high value industry (most notably, the O&G industry). They also have universal healthcare and free education, which come as a byproduct of state owned and operated medical centers and schools. And strong union membership puts a public leash on private enterprises at the level of direct worker action.
“The government controls around 35% of the total value of publicly listed companies on the Oslo stock exchange, with five of its largest seven listed firms partially owned by the state.[34]” good, but not socialism. Free healthcare and schools are not related to socialism.
Literally public ownership of means of production