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.
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
Hmmm, interesting. But what if we gave it all to one guy?
Its so fucking dumb, you wouldn’t believe it! If he isn’t retarded and have an Elon Musk moment then he would and this is making me genuinely sick contribute to society, theoretically making a net plus to society
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 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.
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.
Norway is not socialist in the least
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
Can't eat money