Economists would not label Scandinavian countries as socialist.
Economists would say that’s a matter for political scientists. And aren’t all conservative.
But yes, in the English-speaking world, conservatives and the far left use the traditional definition, while the mainstream left has recently gravitated towards something like “when the government does things”.
Economists would say that’s a matter for political scientists. And aren’t all conservative.
But yes, in the English-speaking world, conservatives and the far left use the traditional definition, while the mainstream left has recently gravitated towards something like “when the government does things”.