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Re: RE: Re: Re: Re: social democracy



Devine, James wrote:

Also, I don't think anyone claimed that social democracy abolished the
exploitation of labor or even reduced its degree. (I understand that
businesses under Swedish social democracy did rather well in terms of
profits, or at least that the big ones did. Doug would probably know about
the income distribution data.)

I don't know about the other Scandinavian countries, but in Sweden, the labor unions and the government all conspired to keep profits high. Firms were allowed to innovate and move upmarket, and workers didn't worry about displacement, because they'd always find another job. Until it started going bad in the 1980s, that is.

Swedish income distribution was, at least until recently, about the
most egalitarian on earth - more even than in the USSR and other
outposts of actually existing socialism.

Doug




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