Actually, it's unfettered state capitalism in this case. Stalin mandated Norilsk's development to enrich the state. Similar to the modern Chinese model. So socialism has little to nothing to do with it.
Great point. Not sure about unfettered though, it's just socialism period. Everything is controlled by the government and not the market. Planned economy (https://en.wikipedia.org/wiki/Planned_economy).
Unfortunately some see socialism as a candy, a glorious oasis we should all paddle towards without realization that it's a giant trap. A pure hell with great marketing for ordinary people.
Ah right, great fallacy! Great argument! Love when people throw Denmark, with population of 5M, under the bus while having not a slightest idea of what's actually going on. And why bother researching. Good old bernie sanders already said US can become a Denmark of tomorrow. Right? Right?? :D
That could be a great and passionate discussion over a beer with snacks and pizza. But since we are far removed (on the "internet") I'll just say that socialists tendencies are extremely destructive long term in complex economies/countries. My arguments are a nagging, somewhat harsh (maybe annoying), nudge towards research and unbiased conclusions about the matter. Unless you are a running "democratic" politician, you should get the gist.
I'm baffled every time I encounter the the widespread belief among young american adults that Northern Europe is a socialist utopia. Denmark ranks higher than the US in ease of doing business (regulations, taxation, etc), see https://en.wikipedia.org/wiki/Ease_of_doing_business_index#R..., but deregulation is not exactly what people bringing Denmark up as an example have in mind, is it?
