"The policy shift away from Keynesian demand management towards market-based reforms and lower taxers was a global phenomenon in the 1980s and 1990s. But in Sweden, the ‘market turn’ went further than in other countries. A major reason was the reaction to the wage-earner funds (löntagarfonder), implemented by a Social Democratic government in 1984 and dismantled by a centre-right government in 1991."

Read the full article on Engelsberg Ideas.

Rikard Westerberg defended his doctoral thesis Socialists at the Gate: Swedish Business and the Defense of Free Enterprise 1940-1985 at SSE in December 2020. He is now director of the Center for Statecraft and Strategic Communication.