"He who is in debt is not free." Göran Persson's trip to New York to ask for a loan and implement cutbacks has become a destructive and untrue myth in Swedish politics. But the story about the crisis in the 1990s and the need for budget consolidation is not correct. This is written by researchers Niklas Altermark, Max Jerneck and Elisabeth...
Category: Banking reform
Trickle-down economics has reached the end of the road
Comedian Jonathan Pie shows with pinpoint brilliance in the video below how Trickle-down economics with his mantra: "Help the rich! Punish the poor!” not working. Trickle-down economics does not build a strong economy nor a strong welfare. Put simply, it leads to a very difficult existence for those who have the least. Even many high achievers…
Post-election analysis: communication, freedom under responsibility and equality
According to Red Justice's post-election analysis, the broad left including the Social Democrats must improve on communication, freedom under responsibility and equality.
The classic conflict between labor and capital is always relevant
Johan Sjölander, new CEO of the social democratic think tank Tiden, has written a brilliant essay about the swings of politics since a number of decades ago. Sjölander emphasizes the Bildt government's strong residual effects, even if these were destructive. Sjölander seems to believe in a third way as the future path to victory for the broad left.
"Survival" - Book for libertarian left-wing social democracy
Why did welfare in Sweden begin to be dismantled from the 70s? Can everyone get a job? How do we give people housing? The climate - how do we save it? Feel good in a challenging society, okay? The newly published book "Survival - for society and the people" wants to spark discussion about society and life. Read the review by Lars Gahrn,…
12-year-old girl explains bank corruption
President Obama and many other (social) democrats listen too much to the middle
Obama said he didn't have much power. That is why he did so little to tax the richest and regulate financial capital. That claim is now rapidly being undermined by Trump with all his executive orders in a short period of time. Trump's commands show how much power the US president really has. Obama's, the Democrats' and the rest of the world's democratic…
The Economist: ISDS favors big capital at the expense of the people without being necessary for growth
According to The Economist magazine, ISDS clauses that allow companies to sue states for profit-reducing decisions favor the short-term profit interests of big business at the expense of people's trust and welfare. ISDS clauses make it more difficult to e.g. abolish nuclear power, improve consumer protection and discourage smoking. However, they do not favor growth very much. The companies could have received equivalent protection against…
After all, society is led by our most brilliant talents
The share savers are critical of unreasonable CEO bonuses
High compensation on boards is often linked to various bonus programs. The CEO can have various securities whose value increases or decreases in relation to how the company develops. But often in addition there are various types of advanced schemes for extremely high severance pay. Albin Rännar, head of Aktiespararna's marketing department, tells the magazine Kollega (no. 4, 2016):