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There is currently no country practicing libertarian socialism, and the closest one is the example you gave Switzerland where even the smallest decision must be made with the majority approval of the electorate.

Libertarian socialism is not the same as social democracy, because it's not just a matter of democratic norms, but social norms that emphasize libertarian ideas such as individual rights that must not be infringed upon. Not all socialists that espouse social democracies believe this, and do make a number of exceptions. Where as other socialists think 'what's good for society is good for the individual, and the government must do everything to help society succeed', libertarian socialists reject this notion by believing in the reverse 'what's good for the individual is good for society and the government must do everything to help the individual succeed'.
You nailed the social aspect in your second paragraph but you didn't take into account the economics when you called Switzerland's system similar to Libertarian socialism. Libertarian socialism is the extreme left side of democratic socialism. The comparison that you made in your second paragraph should be between libertarian socialism and democratic socialism. Switzerland is considered a mixed economy that incorporates both social democracy and free-market capitalism. Due to this, Switzerland can never be considered socialist hence social democracy is the more appropriate term. In fact, there isn't a single highly developed economy in Europe that doesn't have a free market hence none of them can be considered a libertarian socialist country. Switzerland isn't the only country in Europe that has this kind of democracy. Norway is another country like this and contrary to popular belief Norway is not socialist in fact, it is one of the freest economies in all of Europe. Norway too is more of a social democracy; although, mixed economy is the most appropriate term for both Switzerland and Norway but this term is too vague.
 
You nailed the social aspect in your second paragraph but you didn't take into account the economics when you called Switzerland's system similar to Libertarian socialism. Libertarian socialism is the extreme left side of democratic socialism. The comparison that you made in your second paragraph should be between libertarian socialism and democratic socialism. Switzerland is considered a mixed economy that incorporates both social democracy and free-market capitalism. Due to this, Switzerland can never be considered socialist hence social democracy is the more appropriate term. In fact, there isn't a single highly developed economy in Europe that doesn't have a free market hence none of them can be considered a libertarian socialist country. Switzerland isn't the only country in Europe that has this kind of democracy. Norway is another country like this and contrary to popular belief Norway is not socialist in fact, it is one of the freest economies in all of Europe. Norway too is more of a social democracy; although, mixed economy is the most appropriate term for both Switzerland and Norway but this term is too vague.
I never called any of them socialist, I said Switzerland is the closest to libertarian socialism due to its political structure. Of course it's a capitalist free market, considering it's heavy reliance on banking.

EU has aspects of socialism in the form of safety nets. While they are supposedly free markets, they do regulate them to a certain extent to ensure fair play. Which means, none of the nations in the EU are actually completely free markets, as they use heavy market regulations to avoid privately owned monopolies from popping up. A recent example of this is the scrutiny that the Microsoft purchase of Activision is getting , as there is a fear of market consolidation which has led fears of potential monopolies/duapolies/triopolize.

I don't know much about Norway, so I'll trust you on that one.
 
I never called any of them socialist, I said Switzerland is the closest to libertarian socialism due to its political structure. Of course it's a capitalist free market, considering it's heavy reliance on banking.

EU has aspects of socialism in the form of safety nets. While they are supposedly free markets, they do regulate them to a certain extent to ensure fair play. Which means, none of the nations in the EU are actually completely free markets, as they use heavy market regulations to avoid privately owned monopolies from popping up. A recent example of this is the scrutiny that the Microsoft purchase of Activision is getting , as there is a fear of market consolidation which has led fears of potential monopolies/duapolies/triopolize.

I don't know much about Norway, so I'll trust you on that one.
Isn't this what is called social democracy?
 
Isn't this what is called social democracy?
It you're talking purely on an electoral basis, yes, but economically the EU is not a social democracy. They're a democracy that have some socialist tendencies.
 
It you're talking purely on an electoral basis, yes, but economically the EU is not a social democracy. They're a democracy that have some socialist tendencies.
Yes, that's what I was referring to. And yes, EU nations, Switzerland and Norway are mixed economies.
 
A winner takes all market. In a market economy, wealth will always be concentrated in the hands of a few. 20% of the people hold 80% of the country's wealth, and 10% of the people hold 90% of the wealth. Obviously not sustainable. The state needs to tax the wealthiest the right amount of money. The richest will do whatever it takes to rebel. Ultimately, only the middle class takes on more obligations. Nothing prevents wealth from being concentrated in the hands of a few. The end of capitalism is successful socialism. Today's socialism is just a group of explorers who keep failing.
 
Very Civilized behavior from the people of a Civilized PRO MAXX group, we should follow this up in every Province of Pakistan... Right? :partay:
 

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