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    Dave1 - without capitalism it would not be so successful. Name a economically successful economy that does not have an essentially capitalist system. - You cannot -

    Back to Norway it certainly has many advantages with a small population and massive natural resources but, as you admit, it has seen the necessity to commence a programme of privatisation. More capitalism and less state control, following the model set by the worlds most successful economies will increase its prosperity. The state ownership model is increasingly under strain in the modern world. It was certainly a total disaster for the UK when we had excessive state control and an even bigger disaster for the old Soviet bloc.

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