Edit: folks, before you make fools of yourselves, _please_ read the textbook definition of what socialism actually is. Thanks.
Edit: folks, before you make fools of yourselves, _please_ read the textbook definition of what socialism actually is. Thanks.
The free market is an amazing mechanism for optimizing resource allocation... As long as you have money.
In fact oil is the only substantial natural resource that Norway has that most other countries don't. Forestry is not terribly profitable because of the terrain, most of the valuable minerals are in the north (and mostly on the Swedish side of the border), large scale hydro has been built out to close to the maximum possible already.
Was your communist country really socialist before it became communist or is the word communist here simply shorthand for Soviet Russian style dictatorship imposed by an external power?
Yet, no example comes to mind of a society has turned without a forced internal/external takeover to socialism, then onward to communism. Could you point me to some?