Nordic countries aren't socialist, they are regular market economies with high taxes. Those high taxes go towards healthcare for all, and a larger safety net.
Quoting Denmark's PM [1]: > I know that some people in the US associate the Nordic model with some sort of socialism. Therefore I would like to make one thing clear. Denmark is far from a socialist planned economy. Denmark is a market economy.
[1]: https://www.thelocal.dk/20151101/danish-pm-in-us-denmark-is-...