Apart from also being an oligarchy, yes it is capitalist.
But here (Denmark) we would technically call it SUPER capitalist.
Because Denmark is also capitalist, but like the rest of EU, we balance capitalism with general interests of society. Where USA favor capitalism way more.
Apart from also being an oligarchy, yes it is capitalist.
But here (Denmark) we would technically call it SUPER capitalist.
Because Denmark is also capitalist, but like the rest of EU, we balance capitalism with general interests of society. Where USA favor capitalism way more.
No, it’s not super, it’s just capitalism. What you are describing in Denmark is a “mixed economy”.