Wilhelm Zenz
Verified User
Is the Nordic model simply a success in spite of itself or is it just an extension of a rather unique tribe ?
the nordic model is free trade and free market.. globalization can be don e right or wrong
"As of 2017, the Government of Norway is the largest shareholder with 67% of the shares, while the rest is public stock. The ownership interest is managed by the Norwegian Ministry of Petroleum and Energy.[6] The company is headquartered and led from Stavanger, while most of their international operations are currently led from Fornebu."
"The name Equinor was adopted in 2018 and it is formed by combining “equi,” the starting point for words like equal, equality and equilibrium, and “nor,” signalling that the company is of Norwegian origin, as this is the official country code.[7] The former name Statoil means in Norwegian: State-Oil, signalling that the oil company is public property.[8]"
https://en.wikipedia.org/wiki/Equinor
Gee, sounds like 2/3rds of the Oil Company is owned/controlled by the State. So, are you advocating that the United States nationalize 67% of the Oil Companies here?
hell yes. Then we would care about damaging the environment .
vilhelm: "the nordic model is free trade and free market.. globalization can be don e right or wrong"
Jack: I think the combined State and Private Ownership of Enterprise might be the 'China Model' ?
Whether it's a 'Nordic Model' or 'China Model', it's an interesting concept. It's what we are competing with nowadays.
1. Just my opinion, but the best feature is the 'Central Planning' aspect. With the State as a partial 'Owner', it can have a better long term 'vision'.
2. With the State as a partial Owner, benefits will flow to the general population and NOT just to the Shareholders.
Many philosophers, over time, have argued the best government would be a benevolent dictatorship. Trump gets half of that right.
"As of 2017, the Government of Norway is the largest shareholder with 67% of the shares, while the rest is public stock. The ownership interest is managed by the Norwegian Ministry of Petroleum and Energy.[6] The company is headquartered and led from Stavanger, while most of their international operations are currently led from Fornebu."
"The name Equinor was adopted in 2018 and it is formed by combining “equi,” the starting point for words like equal, equality and equilibrium, and “nor,” signalling that the company is of Norwegian origin, as this is the official country code.[7] The former name Statoil means in Norwegian: State-Oil, signalling that the oil company is public property.[8]"
https://en.wikipedia.org/wiki/Equinor
Gee, sounds like 2/3rds of the Oil Company is owned/controlled by the State. So, are you advocating that the United States nationalize 67% of the Oil Companies here?
I don't think it is really that. IMO, those places have very rigid urban planning policies to better manage their society. The energy issue is just part of that. Of course they need to generate power when people become so concentrated, but that is more a natural course of event than some economic diabolical scheme. It would take the pooling and direction of a lot of resources to build the infrastructure and in such a small market, the return on investment wouldn't be as attractive to foreigners.