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Antecedents to Danish Capitalism in the Twentieth Century

Stefan Kirkegaard Sløk-Madsen ()
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Stefan Kirkegaard Sløk-Madsen: Copenhagen Business School

Chapter Chapter 2 in Danish Capitalism in the 20th Century, 2022, pp 25-43 from Palgrave Macmillan

Abstract: Abstract This chapter provides an overall introduction to modern Danish history. It aims to define the main features which constituted Denmark’s transition from an absolute monarchy to a constitutional monarchy at the signing of the Danish constitution on the 5th of June 1849. The conventional historiography of Danish history has mainly depended on a consensus history, where the country’s development from the 900s Viking expeditions, the Danish Reformation in 1536, the Autocracy of the seventeenth century, the seventeenth and eighteenth centuries Dano-Swedish Wars, the abolition of stavnsbåndet in 1800, the democratization in 1849 and later parliamentarism in 1901, as a long story about the Danes as a consensus-driven people, I argue that this picture is not entirely accurate. The chapter explains particularly the introduction of free-market policies and break from a legacy of mercantilism as a trade-off between different interests. This largely came about as a tax policy change—one that ultimately enabled the welfare statewelfare state of the twentieth century.

Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palscp:978-3-031-04267-6_2

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DOI: 10.1007/978-3-031-04267-6_2

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