That’s communism, not socialism. Please read the above post WRT definitions and the **range** as one moves from pure capitalism to pure communism. Socialism is in between, and the governments in those countries might control the entire economy, or only portions of it.
Again, you can’t debate this topic if you don’t understand the terms and definitions.
Yes, most countries in Europe have a socialist or mixed economy.
Austria:
“Austria is one of the 12 richest countries in the world in terms of GDP (Gross domestic product) per capita,[7] has a well-developed social market economy, and a high standard of living. Until the 1980s, many of Austria’s largest industry firms were nationalised; in recent years, however, privatisation has reduced state holdings to a level comparable to other European economies. Labour movements are particularly strong in Austria and have large influence on labour politics.”
“The social market economy seeks a middle path between socialism and laissez-faire economic liberalism (i.e. a mixed economy), combining private enterprise with government regulation to establish fair competition, maintaining a balance between a high rate of economic growth, low inflation, low levels of unemployment, good working conditions, social welfare, and public services, by using state intervention.[1]”
