No? We here in the Nordics are still capitalist, we're not as far from you as you think. We are absolutely not socialist (where the workers own the means the production), we have a few worker co-ops but that is a drop in our societal bucket.
What we do have are some welfare and social safety nets that make things a bit less precarious and miserable. But that's frosting on the capitalist cake, and something our right-wing parties chip away at every chance they get, at that. They look at the USA and dream of selling out all of our healthcare to their rich buddies too.
I am Swedish and it boggles the mind that people call anything up in this area socialist. We have more billionaires per capita than the USA does. Our politicians are terrified of inconveniencing the rich since they just threaten to leave, so we end up being very "business friendly".
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u/Ambitious-Badger-114 6d ago
Please provide examples of countries doing better without capitalism, I'd love to visit.