"Sweden is not socialist—because the government doesn't own the means of production. To see that, you have to go to Venezuela or Cuba or North Korea," says Norberg.

Sweden is not a country, it is a Rorschach test for Americans. ... The Sweden of socialist hopes is just like the fascination with ABBA, a nostalgic yearning for the 1970s and 80s.

“Sweden is not socialist—because the government doesn’t own the means of production. To see that, you have to go to Venezuela or Cuba or North Korea,” says Norberg.

The real Sweden defies those who try to label it. Rather than being the "socialist" country many claim, it is far more complex than that. This Nordic economy features many successful corporations ...

"Sweden is not socialist – because the government doesn't own the means of production. To see that, you have to go to Venezuela or Cuba or North Korea," says Norberg.

As Obama tries to rein in Wall Street and raise taxes on the wealthy, critics say he is trying to turn America into Sweden. Meanwhile, in Sweden, it's full-speed ahead for capitalism.

"Sweden is not socialist -- because the government doesn't own the means of production. To see that, you have to go to Venezuela or Cuba or North Korea," says Norberg. ...

Swedish workers are still strong enough to protect many of the gains they made over the course of the 20th century. They still enjoy cradle-to-grave medical coverage, extensive unemployment ...

Writing in Bloomberg, Anders Aslund becomes the latest to point out that Sweden isn't the total social welfare state so many Americans who wish one for the U.S. perceive it to be: The [currently ...

“Sweden is not socialist — because the government doesn’t own the means of production. To see that, you have to go to Venezuela or Cuba or North Korea,” says Norberg.

Socialism Mach 5 / Capitalism Mach 3. Socialism Mach 5 is not really socialism, but something of a middle ground between socialism and capitalism. In this variation on socialism, there is a large ...

In other words, despite the ascendance of capitalist elements, Sweden is not entirely free of socialist influences. However, the image of Sweden and other Scandinavian countries as strongholds of ...