In Norway the state owns over 50% of the country's wealth, and over 70% if you don't include home ownership. Over 20% of the government budget is covered using profits from ownership.
Norway didn't follow the 80s/90s trend of public asset selloff. Turns out there are alternatives after all. It also didn't join the EU, so it has more sovereignty over its economic policy, although EEA does mandate some neoliberal policies (some of which Norway has ignored or fought against).
Norway didn't follow the 80s/90s trend of public asset selloff. Turns out there are alternatives after all. It also didn't join the EU, so it has more sovereignty over its economic policy, although EEA does mandate some neoliberal policies (some of which Norway has ignored or fought against).
https://www.peoplespolicyproject.org/2018/03/14/the-state-ow...