this post was submitted on 18 Apr 2025
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Here are some good resources others have compiled on the Nordic Model in general:
Essentially, Finland (and Imperialist countries in general) operate on a principle of unequal exchange. By leveraging mechanisms like IMF loans with clauses requiring privatization of resources and industry for foreign capture, to relying on overseas production to super-exploit for super-profits, to simply relying on high interest rates on foreign loans, Imperialist countries consume more of the Global South's value than they provide the Global South.
As for which countries I think are headed in the right direction, I like the PRC quite a bit. It's certainly not perfect and it has a long way to go, but it's making rapid improvements and doesn't rely on Imperialism to provide for its people. And Socialism does exist, already, though nobody is genuinely waiting for a magical Utopian version of it.
Are you joking with China or am I talking with a bot?
China is a massive massive loan shark to emerging economies and is literally one of the largest IMF backers. Although once again you’re sound very conspiracy theorist here blaming the IMF which the entire world is a member essentially. If you look at voting power China alone has more than every Nordic country combined.
China literally exploits not only their own people but everyone who’s weaker than them. You’re seriously commenting in bad faith here.
China doesn't operate in that way. China is a country focused on selling goods it produces, ergo it cares more to have customers. The BRI and BRICs exist purely to build up more customers, it's neither charity nor Imperialism. Countries enter it in exchange for large infrastructural build up, in order for China to have new customers that aren't the West, who as we observe are quite fickle to work with. As this article from The Atlantic puts it, The "Chinese Debt Trap" is a Myth.
The IMF is absolutely to blame for requiring loan recipients to privatize their key industries for foreign plundering, and the US is the worst among the biggest lenders.
No, I'm not being bad faith here. You're stonewalling and relying on false assumptions, which I have already pointed out.