Norway's success in socialism has me turning red with envy

If this were the 1950s, I'd be about to be put on every blackball list in town. Because I'm cuckoo for those Socialist cocoa puffs after reading this piece on Norway's success with the "cradle-to-grave welfare state."

Bring on the 12-month paid maternity leaves, the all-access-pass to nationalized health care. Because while capitalism was showing America who's your daddy (in our country, he who has the least morals and the most hunger, laughs all the way to his weekend house in the Hamptons), Norway's socialist finance minister was smugly buying our companies' depressed stock. The country has a cushy 11% budget surplus, zero national debt, and an economy that grew 3% last year while Uncle Sam was dancing a jig into a 12.9% deficit, $11 trillion in debt, and the Recession we now all know and love.

These statistics have me turning red with socialist envy.

Banks make up just two percent of the economy; drug addicts are given government-funded fixes (with clean needles); tight oversight means no excessive lending practices. Having recorded comfortable amounts of income from the North Sea oil, Norway saved the money in its sovereign wealth fund; the one that was buying U.S. stock as the markets crashed last fall. The U.K. spent its oil money during the market's upswing. But are our governments feeling guilty? Nope. They should be, says Norway expert Anders Aslund, "in Norway, there is instead a sense of virtue. If you are given a lot, you have a responsibility."

Hmm... "of whom much is given, of him much will be required," anyone? I guess socialism and good old-school Christianity aren't that different, after all. An economy upon whose money God's name is printed would do well to emulate the Christ-like morals of an economy where, on the 10-kroner coin, is the phrase Alt for Norge, meaning Everything for Norway.

It's ironic, isn't it? That a country whose public policy loves its sinners, cares for its indigent, and does not confuse religion and patriotism should end up profiting while a country like ours crashes and burns? The Norwegians are laughing. And don't make me write, "all the way to the bank."

Instead, let's take the (obviously untrue) pious statement off our money, put a noose on our banks, socialize our health care system and take care of our working poor. Those who still believe socialism is evil? Please, feel free to blackball me. I'd be happy never to work in this town again if it would mean the U.S. would finally wake up and smell the integrity it hasn't had for a century or more.

Give us socialism, or else, you know.

Increase your money and finance knowledge from home

Asset Allocation

Learn the most important step in structuring an investment portfolio.

View Course »

Socially Responsible Investing

Invest in companies with a conscience.

View Course »

Add a Comment

*0 / 3000 Character Maximum


Filter by:

Pretty naive view on your part. Norway's heavy reliance on oil undermines much of what you anticipate for Norway's future. You missed the fact that Norway's economy is mixed -- not purely socialistic. The reduction in taxes there and the move to privatization is something else you are unaware of. The heavy subsidies paid to farmers, fisherman and to remote regions was also overlooked. I don't feel positive about Norway's future -- nor ours -- with the spreading number of people who think like you do and the growing socialism here, thanks to both Republicans and Democrats.

July 07 2015 at 9:29 AM Report abuse rate up rate down Reply

@ the moronic author.
"Having recorded comfortable amounts of income from the North Sea oil" - bingo.

In 2007, 25% of Norway's wealth comes from oil. With the skyrocketing price of oil, it is probably more like 50% now. That's how Norway can afford socialism:
Yet ironically, the Democrats that support socialism in the US are the ones preventing the US from drilling for new oil. They are too afraid of the 3rd/4th most abundant elements in our universe and would rather let the economy crumble.

@espiritdemattieu - First off, you are lying. Taiwan's tax rate is as high as 40% - higher than the US. They pay a business tax of 17% and a nasty form of a sales tax called VAT at 5%. VAT is added at every stage of the manufacturing process and is much worse than a pure sales tax.

Secondly, you are comparing a largely self-sufficient island nation with less than 10% of the US's population to a sprawling country that has thousands of miles to transport goods just within itself. Taiwanese can get by with scooters alone! Get real.

December 16 2012 at 11:00 PM Report abuse rate up rate down Reply
Sake Ninja

Pretty naive article. Comparing the US to Norway (a population of 4 million versus a population of 300+M) just goes to show how little you know about many things, economics for one. The large influx of legal and illegal immigrants is just one example of things Norway doesn't have to consider. I am glad I don't read the crap published on this website, this was a random find on google.

October 09 2012 at 11:54 PM Report abuse rate up rate down Reply

and to those christians out there... jesus was, is, and always will be a SOCIALIST

May 29 2012 at 10:45 PM Report abuse rate up rate down Reply

capitalism didn't create america... working people from all over the world did. it is our sore backs that created america's wealth

May 29 2012 at 10:40 PM Report abuse rate up rate down Reply

the soviet union was run by powerful bureaucrats and the communist party... the us is run by the best government money can buy. give me norway, canada, europe where the average citizen has a real say in his economic and political life.

May 29 2012 at 10:33 PM Report abuse rate up rate down Reply

Taiwan is a socialist infouenced country, however they still have freedom and the right to vote. I lived there for 2 years. They have incredible public transportation that is clean and neat, and CHEAP. They have national health care that is beyond the quality of service of the USA. I only had to pay $70US to put my whole family (4) on the health plan. I rarely waited for services, and my co-pays were very inexpensive. Plus, there is no seperate fee for pharmacy and seeing the doctor, oh, and you don't need referrals to specialists. Everyone has the same health plan, lawyers, construction workers, and your 7-11 cashier. It's wonderful.

The government also caps housing prices per square ping (chinese version of square feet) as well as subsidizing gas prices. The government takes care of it's people in Taiwan. Some may argue that people are taxed at 20%! It's true, that's a steep tax off your salary. Let's do the math however. There are no taxes on consumer goods in Taiwan. The price you see is the price you pay, everytime! Also, in the USA, you pay 8-10% to your state, and 10% to your loving federal gov't (who allows millions of Americans to be uninsured and have their teeth rot out or die of cancer because of someone else's selfish greed!) When you add that up, you pay at least 18% tax in the USA off your salary, plus taxes to schools and on consumer goods. So.................paying 20% in Taiwan doesn't really sound that bad, does it?!

Until you have lived in a socialist influenced country that does it well (i.e. Taiwan, Canada) you should either do your research or just keep quiet. Capitalism is all about selfish gain and greed. The only thing that drives a capitalist to succeed is selfish greed. Socialists strive for the betterment of all, collectively. This is unselfish ambition. I do beleive the Bible points to practice of selflessness, selfishness only leads to destruction (i.e. America today!)

February 17 2012 at 9:13 AM Report abuse rate up rate down Reply

Equality is not great. I am in school right now, and i should not be treated the same as the other kids in here. Im better than most and worse than some. So i should be treated as such. I love capialism. If i work hard, i should succeed. If thats selfish, o well. Socialism is terrible. With 12-month maternity leave, less women get hired, and cradle-to-grave welfare works great until too mant old people are in the system and the handful of yound people cant support them (Japan, soon to be the U.S.) If you love it so much, please move there! Give me more space to grow (and possibly fall, im ok with that.) And i wont have to support you when your 60. Do me a favor and leave! thanks!

October 04 2011 at 1:07 PM Report abuse +1 rate up rate down Reply
dave g

Capitalists are the Heroes of the World:
Yes we in America help other nations all the time. People in Cuba build a boat
and risk their lives through shark infected waters to get to America. Why?

I (Kevin Craig) believe “capitalism,” rightly understood, is more compatible with
Christianity than socialism in any degree.

Socialists generally argue that capitalism concentrates power and wealth within
a small segment of society that controls the means of production and derives its
wealth through a system of exploitation. This creates a stratified society based
on unequal social relations that fails to provide equal opportunities for every
individual to maximize their potential and does not utilise available
technology and resources to their maximum potential in the interests of the public
and focuses on satisfying market-induced wants as opposed to human needs.

Socialists hold that capitalism is an illegitimate economic system, since it serves
the interests of the wealthy and allows the exploitation of lower classes.
Socialism was formally introduced as a political philosophy in the 1848 book
"The Communist Manifesto", written by Karl Marx and Friedrich Engels.
Socialism is inseparably interwoven with totalitarianism and the object worship
of the state. It will prescribe for every one where they are to work, what they
are to work at, where they may go and what they may say. Socialism is an attack
on the right to breathe freely. No socialist system can be established without
a political police.

This is what makes Norway great:
The mission of Norway Lutheran Church is to affirm people with vision, courage, faith and
character, empowered by the Holy Spirit who will bear witness to Christ's love and
forgiveness in our community and the world. This mission statement reflects the top
priority of Norway Evangelical Lutheran Church - to be God's people in this place in
order to spread the gospel of our Lord Jesus Christ. It has been this way from the
beginning, when the congregation met in Even Heg's barn, called their first pastor,
and built a church of logs.

Not your socialism and not money.

September 14 2011 at 11:25 AM Report abuse rate up rate down Reply
dave g

TO: Stian Opedal Davis
Look at the Socialist countries (China, Cuba, North Korea) what do you see in all of them.
Freedom is the missing element. In America we are free "for now" Communism is trying hard
to destroy this USA. We do not have a leader ordering us to stop reading the bible or going
to church. America is not about greed and capitalism. Our capitalism is about inventions
and letting you make what can to help others. USA is the last stand for freedom in the
world. Norway I think is part of EU and the EU is having bad time with banks and markets
going down.
If you like salivary look to North Korea. Why would you want to live like that?
I you say I'm not living like that now. But you don't see that little by little you are
losing your freedom day by day.

September 13 2011 at 4:31 PM Report abuse rate up rate down Reply
3 replies to dave g's comment