this post was submitted on 27 Feb 2025
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there is technique and whole ideologies and entire categories of political theory in the left all literally dedicated to taking control off oligarchs and implementing it with varying levels of irl success.
there is more to the left of liberals and they address a bunch of these things.
In Nordic countries, they do have something along the line. Although it ended up being democratic socialism, which is left-center instead of far-left authoritarian.
nordic countries exploit countries like mine for our natural resources and human capital in a brutal way. their capitalism just succeeds in neatly hiding away the suffering abroad. their government is not leftist, and that model is not sustainable for everyone to adopt.
The Nordics aren't Socialist in any capacity, heavy industry and large firms are squarely in the Private Sector, and they earn the bulk of their income from acting essentially as a landlord in country form, from predatory IMF loans.
Moreover, all Socialism is democratic in some form, the idea that there is a niche of Socialism that alone is Democratic is a misnomer. Democratic Socialism is better described as Reformist Socialism.