Not a commie, but didn’t the Norwegian people nationalize the oil production, leasing it out to companies while keeping a huge share of the profit for the welfare of common Norwegians?
My understanding is that, in a sense, that is exactly what seizing the means of production is about.
Controlling the natural resources a country and leasing it out it private companies is pretty standard practice in most non corrupt countries. Norway probably differs in that they capture more of the economic rent in part due to a more efficient tax and a share of public ownership.
Not a commie, but didn’t the Norwegian people nationalize the oil production, leasing it out to companies while keeping a huge share of the profit for the welfare of common Norwegians?
My understanding is that, in a sense, that is exactly what seizing the means of production is about.
Means: seized.
Snow: plowed.
Lute: fisked.
Hotel: Trivago.
Controlling the natural resources a country and leasing it out it private companies is pretty standard practice in most non corrupt countries. Norway probably differs in that they capture more of the economic rent in part due to a more efficient tax and a share of public ownership.