Which Countries Are Actually Socialist?

Source: Independent Institute
by Scott Beyer

“Socialism is having another moment in U.S. politics. Politicians and activists increasingly describe themselves as socialist while their opponents use the same label as a term of condemnation. Yet both sides employ the word so loosely as to become meaningless. Sweden gets called socialist because it has high taxes and universal health care; Venezuela does because the government nationalized industries and imposed price controls. The rise of the phrase ‘democratic socialism’, which lumps together two unconnected words, adds to the confusion and makes debate difficult. Before deciding whether socialism works, we ought to determine what it actually is—and which countries practice it.” (08/17/26)

https://www.independent.org/article/2026/08/17/which-countries-are-actually-socialist/