European socialism
European socialism is a political and economic system that advocates for social ownership and democratic control of the means of production. It emphasizes reducing income inequality and providing universal access to essential services like healthcare and education. Various forms of socialism exist across Europe, often influenced by local history and culture.
Countries like Sweden, Denmark, and Norway implement social democratic policies, combining free-market capitalism with strong welfare systems. These nations focus on wealth redistribution through taxation and social programs, aiming to ensure a high standard of living for all citizens while maintaining economic competitiveness.