Dave1 wrote:I am not anti-capitalist, far from it and para1 of your post I don't disagree with. What I am saying is that a mixture of capitalism and state owned companies can work. Statoil is immensely wealthy, when we were frittering away our oil revenues they were quietly building up the state coffers to the point where they have a considerable surplus. Statoil is very unlikely to be privatised, however railways, which incidentally put ours to shame, are likely if not already ripe for privatisation.
I also do believe that they have a socialist government. Maybe rather that the tit for tat politics we have, they actually get things done for the benefit of its people.
Which ever party is in power they seem to work with one and other, unlike ours who forget the people that live on this over-populated island and are more interested in squabbling between themselves.
Dave - name one that worked, I mean really worked, as a state owned company in the UK.
What they did not do is build up a massive structural deficit in Norway as we did.