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Erik Bengtsson . Foto

Erik Bengtsson

Universitetslektor

Erik Bengtsson . Foto

The politics of profits: Profit squeeze and political-economic change in Sweden, 1975–1985

Författare

  • Erik Bengtsson

Summary, in English

In the late 1970s, the Swedish economy faced a profit squeeze which threatened to hamper investments and hence the creation of jobs. This engendered a massive debate in the media and among economists and policymakers. This paper investigates the discussion of “the politics of profits”, the policy measures directed towards manipulating the distribution between capital income and labour income in the Swedish economy from the mid-1970s to the mid-1980s. The paper indicates that the capital-labour distribution varied significantly over time and that this became a major issue of debate, and shows the relevance of “the politics of profits” for analyses of economic policy change in the 1970s and 1980s.

Avdelning/ar

  • Tillväxt, teknologisk förändring och ojämlikhet
  • Ekonomisk-historiska institutionen

Publiceringsår

2023

Språk

Engelska

Publikation/Tidskrift/Serie

Lund Papers in Economic History

Issue

2023:250

Dokumenttyp

Working paper

Ämne

  • Economic History

Nyckelord

  • economic policy
  • Sweden
  • macroeconomics
  • history of capitalism
  • mixed economy
  • H60
  • N14
  • N44
  • P16

Status

Published