Scandinavian countries are not socialist?

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Diane Sieker photo
Under the traditional definition of socialism that requires government ownership and distribution of the means of production, the Scandinavian countries, Denmark, Finland, Norway and Sweden are not socialist as Democratic presidential contenders insist. All are free market economies. None have government-mandated minimum wage laws. These wages are set by unions. The Fraser Institute which ranks countries of the world on economic freedom based upon limited government, property rights and sound money value, not socialist attributes, ranked Denmark 14, Finland 20, Norway 26 and Sweden 19. The United States was listed as 12. Socialist countries normally take the bottom of the 180 countries ranked, according to the Economic Freedom of the World Index. As to rankings with respect to the ea
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