An Analysis of the Economic Democracy Reforms in Sweden

by Philip B. Whyman

After elites in the rest of the capitalist world had successfully defeated the notion, the Swedish began debating the idea that working people could collectively invest funds, thus sharing in capital growth and bringing about a more equitable distribution of wealth. Five regional programs were created in 1984, and the longest operated for about seven and a half years. Whyman (economics, U. of Central Lancashire) offers the first independent evaluation of the popular experiment's performance both for Swedish citizens and for the wider international community. He looks at the background to the introduction of the reforms, the performance of the reforms in practice, the still unresolved problems that led to the reform initiative in the first place, and the conditions necessary to implement similar reforms in the future. The text is double spaced. Annotation ©2004 Book News, Inc., Portland, OR (booknews.com)

331 pages, Hardcover

First published January 1, 2004