Liberalism tried that, it turns out it is just capitalism but with a few extra bonuses for the haves and a bit extra oppression for the have nots. It’s feel good capitalism. It’s also why people will argue about whether Nordic Capitalism is or isn’t Socialism. Just because they don’t call it socialism. But they have universal healthcare, progressive social rights, strong worker unions, universal free education. BUT, they don’t socialize the means of production, thus it is not socialism.
It turns out, that if a country historically gets rich enough from pillaging and plundering poorer countries, you can fake all the popular progressive policies without actually going into actual socialism. See also, Switzerland, or “never ask a Swiss bank how they got so rich”.
Liberalism tried that, it turns out it is just capitalism but with a few extra bonuses for the haves and a bit extra oppression for the have nots. It’s feel good capitalism. It’s also why people will argue about whether Nordic Capitalism is or isn’t Socialism. Just because they don’t call it socialism. But they have universal healthcare, progressive social rights, strong worker unions, universal free education. BUT, they don’t socialize the means of production, thus it is not socialism.
It turns out, that if a country historically gets rich enough from pillaging and plundering poorer countries, you can fake all the popular progressive policies without actually going into actual socialism. See also, Switzerland, or “never ask a Swiss bank how they got so rich”.