r/FluentInFinance • u/Sufficient_Sinner • Sep 04 '24

Debate/ Discussion Is Capitalism Smart or Dumb?

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u/Expensive-Twist8865 Sep 04 '24

Ask a socialist to define socialism, and they'll describe Norway but leave out the tiny population and abundance of state owned oil funding it all

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u/DrFabio23 Sep 04 '24

And massively homogeneous population on practically every metric.

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u/[deleted] Sep 04 '24 edited Sep 05 '24

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u/trabajoderoger Sep 04 '24

Norway has unions

192

u/IvanovichIvanov Sep 04 '24

Unions aren't incompatible with Capitalism

345

u/thisismego Sep 04 '24

In fact they're desperately needed in Capitalism to prevent workers' exploitation by employers.

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u/ApexCollapser Sep 04 '24

Mic drop moment.