alt Hacker NewsNorway has done a great job with what they've been given, but remember that they've had the national equivalent of being born into a rich family - they have had enormous wealth from natural resources in the form of North Sea oil.
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Fair, but so does UK, Canada - which might be one of the richest countries in the world in terms of natural resources I think? - and especially US of A.
But how these countries use their resources is quite different.
Norway is hardly unique in having abundant natural resources. Other countries have larger oil reserves. What's unique is the fact that instead of letting a few large corporations, or corrupt mafia, get rich off of them with "trickle down economics" benefitting the rest of the country, the government is in charge of it and uses it for the public benefit.
"But socialism is bad!!"
Also their taxes are proportional to wealth and everyone pays them, so good public service. It's not that hard to understand and there is no need to circle around it.
At least we didn’t have to steal it from the original inhabitants.
… Oh wait …
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You say it like it's given that natural resources wealth is distributed for population like it's in Norway. Its not. It takes a lot of work. Otherwise you get shithole countries where warlords/corporations/mafia take over control of resources and enrich them selves instead of raising global wellbeing.