China, Cuba, Vietnam, and Laos are all examples of socialist countries today. China alone lifted over 800 million people out of poverty in recent decades. Compare that to the capitalist paradise in India.
Not really, Nordic model is capitalist because the capital owning class owns the means of production and holds power in society. Nordic model has generous social services and a social safety net, but that of itself does not make it socialist. A socialist model implies that it is the working class that holds power and that means of production are under a mix of public and cooperative ownership. This is the model that all western countries fight against.
China, Cuba, Vietnam, and Laos are all examples of socialist countries today. China alone lifted over 800 million people out of poverty in recent decades. Compare that to the capitalist paradise in India.
Does countries of Nordic model count? I heard good things about them.
Not really, Nordic model is capitalist because the capital owning class owns the means of production and holds power in society. Nordic model has generous social services and a social safety net, but that of itself does not make it socialist. A socialist model implies that it is the working class that holds power and that means of production are under a mix of public and cooperative ownership. This is the model that all western countries fight against.