Hacker News new | past | comments | ask | show | jobs | submit login

The US is also a mixed economy with significant private and public sectors. The State is still capitalist because of the way it engages with the market, which is why I described Sweden and Norway that way.



It's a definitely a thing of degrees rather than binary. Nevertheless, the level of state intervention or control of the economy in Scandinavia is such that describing them as partially capitalist and partially socialist is accurate.




Consider applying for YC's W25 batch! Applications are open till Nov 12.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: