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"Social democracy" (http://en.wikipedia.org/wiki/Social_democracy) is a more correct term, though on Wikipedia there seems to be an even more specific article on the "Nordic model" (http://en.wikipedia.org/wiki/Nordic_model)

"Socialism" (http://en.wikipedia.org/wiki/Socialism) isn't really applicable.

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The Nordic model is a form of social democracy which is a form of socialism; if the first is applicable, the second is as well, and if the second is applicable, the third is as well.

Right. I didn't mean "Socialism" in a strict/formal sense. I always thought of Nordic countries as "kind of socialism". Apparently, there exist more correct and exact terms, as you pointed out.

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