Sweden and the Revival of the Capitalist Welfare State

A. Bergh,

Sweden and the Revival of the Capitalist Welfare State
 
 
‘Sweden has a remarkable political culture that marries market liberalism and social democratic sensibilities. Bergh's fine book helps us get beyond a sense of paradox in that.’- Daniel Klein, George Mason University, USThis book tackles a number of controversial questions regarding Sweden’s economic and political development:• How did Sweden become rich?• How did Sweden become egalitarian?• Why has Sweden since the early 1990s grown faster than the US and most EU-countries despite its high taxes and generous welfare state? The author uses new research on institutions and economic reforms to explain the rise, the fall and the recent revival of the Swedish welfare state. The central argument is that a generous welfare state like Sweden’s can work well, provided that it is built on well-functioning capitalist institutions and economic openess.


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