Sweden: Defending Economic Democracy

Kuat B. Akizhanov
Additional contact information
Kuat B. Akizhanov: Academy of Public Administration under the President of Kazakhstan

Chapter Chapter 7 in Finance Capitalism and Income Inequality in the Contemporary Global Economy, 2023, pp 153-188 from Springer

Abstract: Abstract The objective of this chapter is to investigate whether finance capitalism over the 1980–2010 period was able to penetrate the Swedish social democratic institutions of egalitarian and universal coverage, to the extent of changing its pattern of income distribution. Backed by radical elements and truly committed to the ideas of economic democracy, trade unions and the Swedish Social Democratic Party tried to implement reforms that could definitely be interpreted as being socialist. The attempt to socialise ownership arranged in the form of wage-earner funds was confronted by capital’s counter-strike in the form of pro-market restructuring. However, business elite revisionism of the Swedish model in the 1980s did not lead to a neoliberal ideational transformation.

Date: 2023
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-21768-5_7

Ordering information: This item can be ordered from
http://www.springer.com/9783031217685

DOI: 10.1007/978-3-031-21768-5_7

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().