Sharp contrasts between economic equality in Norway vs. gross inequality in the U.S.
The headline of the article I’m linking below asks, “Is Norway better off with socialism than the U.S. is with capitalism?” The article’s sub-head says: “The numbers show that the U.S. has wealth, but that wealth is collected in only a few hands. Norway has wealth, but it is spread more evenly.” Actually, the headline’s use of the word “socialism” somewhat overstates the case. Norway’s economy really is basically capitalist, but Norway has deliberately designed its government and its economy to serve the broad public rather than a rich elite. The article linked here includes stark contrasts between Norway and […]