quicko: economic system

Somebody asked in my business class last night if Australia is a capitalist or socialist country, which was a great question because I'd been trying to figure that out for myself. I was really surprised by the answer -- having always assumed that economic systems were more or less standard-issue per country and, like picking a side of the road to drive on, fairly inflexible (perhaps I should have studied economics a bit harder?) -- that the more blue collar sector of society was more socialist, but the more white collar sector of society was more capitalist. So there you have it -- a bit of both.