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Culture War Roundup for the week of December 29, 2025

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Please show me an equivalent wave of nationalizations that occurred in Sweden.

The nationalizations happened long ago, and as noted started to privatize in the 90s. These are not the same timelines, so you won't see the same. Sweden used to be more socialized, Venezuela used to be more marketized and started changing more dramatically under Chavez (and the USA freaked out). But the point is they are both mixed economies at this point and not profoundly different. Do you have objective evidence to the contrary? Randomly listing cherry picked set a state owned enterprises (oooh scary) is not a substantive comparison.

Under Chavez/Maduro, Venezuela nationalized

I'm just going to list Chinese SOEs because that's easier for me, and I don't think you're willing to call modern China a socialist success story. Though I'll say right now you're right that there would appear to be more state owned enterprises in Venezuela than Sweden.

  • (SIDOR)/Baowu
  • banking (including Banco de Venezuela) / Industrial and Commercial Bank of China (ICBC)
  • gold mining / China Minmetals Corporation
  • telecommunications / China Mobile
  • electricity / State Grid Corporation of China (SGCC)
  • fertilizer / China National Chemical Corporation (ChemChina)
  • cement / China State Construction Engineering Corporation (CSCEC)
  • transportation / China Railway And so on.

Here is a gish gallop wiki link of Swedish state enterprises.

I tried asking an AI (Grok) to compare the private versus state aspects of comparative nations on the whole. Because I neither have the skillset nor the will to dig through hard stats myself, especially just for this post. Here's what it spit out, if you're curious:

Image summation if bottom text is annoying

Sweden
Indicator State/Public Share Private Share Notes
Government expenditure as % of GDP 49% N/A This represents total government outlays (including transfers, welfare, pensions, etc.), showing the state's role in redistribution. It does not reflect direct production.
Government final consumption as % of GDP 26% 74% This measures the public sector's direct contribution to GDP production (e.g., public services like education and healthcare). The private sector (including households and businesses) accounts for the rest.
Public sector employment as % of total workforce 29% 71% Includes employment in general government and state-owned enterprises (SOEs). Sweden has one of the highest public employment rates in the OECD.
SOE turnover as % of GDP 8% N/A SOEs (e.g., Vattenfall in energy, LKAB in mining) have a combined turnover of SEK 531 billion, representing a small but strategic state ownership in key sectors. Their direct value added to GDP is estimated at 2-3%. SOEs employ 137,000 people (2.6% of total workforce).

Overall estimate: The state (including public services and SOEs) accounts for roughly 25-30% of the economy in terms of production and employment, while the private sector dominates the remaining 70-75%.

Venezuela
Indicator State/Public Share Private Share Notes
Government expenditure as % of GDP 18% N/A Total government outlays (including transfers and subsidies); lower than many economies due to fiscal constraints and underreporting.
Government final consumption as % of GDP 12% (estimated) 88% Direct public sector contribution to GDP (e.g., services like education and defense); adjusted estimates amid economic volatility. Private sector dominates the remainder.
Public sector employment as % of total workforce 24% 76% Includes general government and SOEs; informal employment is high (44%), blurring lines.
SOE turnover/contribution as % of GDP 15-20% N/A Dominated by PDVSA (state oil company), which accounts for 95% of exports and an estimated 15-20% of GDP. Other SOEs in mining and energy add 5%.

Overall estimate: The state (including public services and SOEs) directly accounts for roughly 25-35% of the economy in terms of production and employment, with the private sector handling 65-75%—though much private activity operates under heavy state regulation and informal conditions. Key sectors like oil are almost entirely state-owned.

China
Indicator State/Public Share Private Share Notes
Government expenditure as % of GDP 33% N/A Total government outlays (including transfers, subsidies, and investments); moderate compared to welfare-heavy economies.
Government final consumption as % of GDP 17% 83% Direct public sector contribution to GDP (e.g., services like education and defense). Total final consumption is 56% of GDP, with households at 40%.
Public sector employment as % of total workforce 25-28% 72-75% Includes general government and SOEs; private sector supports 80-87% of urban employment.
SOE turnover/contribution as % of GDP 25-40% N/A SOEs generate significant value in strategic sectors; more recent analyses suggest 23-30% value added, though revenue figures can overstate due to costs.

Overall estimate: The state (including public services and SOEs) accounts for roughly 30-40% of the economy in terms of production and value added, while the private sector dominates 60-70%—though private firms often face state influence via regulations, subsidies, and partnerships.