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Employee funds

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192:), the gap in income between capital and labour was growing; the country was also experiencing a wave of labour unrest over pay. In particular, the Federation of Metal Workers stressed that the problems of investment planning and capital formation needed to be resolved without increasing the concentration of power and wealth in the hands of a minority. The research committee was headed by Meidner and produced its first report in 1975. 22: 224:. On October 4, 1983, an anti-employee funds demonstration in Stockholm gathered between 80,000 and 100,000 participants. It was the largest political protest - in terms of numbers mobilised - to take place in Sweden, from the liberal and right wing political block. 137:
whereby the Swedish government taxed a proportion of company profits and put into special funds charged to buy shares in listed Swedish companies, with the goal of gradually transferring ownership in medium to large companies from private to
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Throughout their existence, they caused much political controversy. Proponents described them as an attempt to increase the power of labour over Swedish companies, and opponents described them as large step towards socialism.
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In 1971, the Swedish Trade Union Confederation commissioned a research committee to address union concerns about wages and the state of the economy. Despite the solidarity wage policy in place at the time (known as the
231:, did not lead to their reintroduction, as leading members of the party found the whole debate surrounding the funds a problem for the party. Famously, Minister of Finance 176:
The plan to establish employee funds was introduced as the Wage Earners Funds Proposal, also known as the Meidner plan. It was first proposed in 1975 by the
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was captured on camera while he was writing a negative poem about the funds in his bench in Parliament after they had been introduced.
312: 177: 105: 205: 150: 39: 86: 43: 58: 228: 213: 209: 455: 65: 32: 470: 72: 460: 221: 180:(or the LO); a revised final draft was published in 1976. The Meidner plan gets its name from the LO economist 287: 189: 54: 338:"Model or Utopia?: the Meidner plan and Sweden in Italy's political and trade unionist debate (1975–1984)" 134: 139: 337: 465: 403: 408: 382: 376: 357: 267: 184:, who played a leading role in developing the idea and was the principal drafter of the plan. 349: 259: 232: 122: 79: 253: 429: 181: 161: 212:, and accumulated funds until they were abolished after a conservative victory in the 444: 165: 353: 217: 216:. The accumulated wealth was transferred to two holding vehicles named Atle and 143: 21: 263: 361: 130: 424: 15: 142:. The funds were controlled by representatives of Swedish 227:
Subsequent Social Democrat victories, such as the one in
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Ideology and Strategy: A Century of Swedish Politics
129:), sometimes referred to as Wage Earner funds, is a 46:. Unsourced material may be challenged and removed. 164:proposed for employee funds to be adopted in the 381:. Cambridge University Press. pp. 294–295. 220:. Both vehicles were subsequently listed on the 404:"Med LO:s fonder hade det blivit andra bullar" 8: 153:, and they were in place from 1982 to 1991. 149:The idea was launched in the 1970s by the 106:Learn how and when to remove this message 288:"Corporate Accountability and Democracy" 158:2020 United States presidential election 244: 7: 402:Arvidsson, Claes (October 4, 2008). 44:adding citations to reliable sources 204:They were introduced following the 14: 336:Quirico, Monica (December 2012). 178:Swedish Trade Union Confederation 20: 342:Scandinavian Journal of History 292:Bernie Sanders Official Website 151:Swedish Social Democratic Party 31:needs additional citations for 423:Hedtjärn, Erik (22 Dec 2017). 311:Matthews, Dylan (2019-05-29). 1: 252:George, Donald A. R. (1993). 210:1982 Swedish general election 140:collective employee ownership 354:10.1080/03468755.2012.725385 196:Implementation and reversal 487: 451:Economic history of Sweden 264:10.1007/978-1-349-11648-5 222:Stockholm Stock Exchange 135:sovereign wealth funds 126: 214:1991 general election 375:Lewin, Leif (1988). 40:improve this article 456:Politics of Sweden 425:"Löntagarfonderna" 255:Economic Democracy 190:Rehn–Meidner model 409:Svenska Dagbladet 388:978-0-521-34330-5 273:978-1-349-11650-8 116: 115: 108: 90: 478: 471:Market socialism 435: 434: 420: 414: 413: 399: 393: 392: 372: 366: 365: 333: 327: 326: 324: 323: 308: 302: 301: 299: 298: 284: 278: 277: 249: 233:Kjell-Olof Feldt 160:, the candidate 111: 104: 100: 97: 91: 89: 55:"Employee funds" 48: 24: 16: 486: 485: 481: 480: 479: 477: 476: 475: 461:1980s in Sweden 441: 440: 439: 438: 422: 421: 417: 401: 400: 396: 389: 374: 373: 369: 335: 334: 330: 321: 319: 310: 309: 305: 296: 294: 286: 285: 281: 274: 251: 250: 246: 241: 208:victory at the 206:Social Democrat 198: 174: 112: 101: 95: 92: 49: 47: 37: 25: 12: 11: 5: 484: 482: 474: 473: 468: 463: 458: 453: 443: 442: 437: 436: 430:Sveriges Radio 415: 394: 387: 367: 348:(5): 646–666. 328: 303: 279: 272: 243: 242: 240: 237: 197: 194: 182:Rudolf Meidner 173: 170: 162:Bernie Sanders 127:Löntagarfonder 119:Employee funds 114: 113: 28: 26: 19: 13: 10: 9: 6: 4: 3: 2: 483: 472: 469: 467: 464: 462: 459: 457: 454: 452: 449: 448: 446: 433:(in Swedish). 432: 431: 426: 419: 416: 412:(in Swedish). 411: 410: 405: 398: 395: 390: 384: 380: 379: 371: 368: 363: 359: 355: 351: 347: 343: 339: 332: 329: 318: 314: 307: 304: 293: 289: 283: 280: 275: 269: 265: 261: 257: 256: 248: 245: 238: 236: 234: 230: 225: 223: 219: 215: 211: 207: 202: 195: 193: 191: 185: 183: 179: 171: 169: 167: 166:United States 163: 159: 154: 152: 147: 145: 141: 136: 132: 128: 124: 120: 110: 107: 99: 96:December 2017 88: 85: 81: 78: 74: 71: 67: 64: 60: 57: â€“  56: 52: 51:Find sources: 45: 41: 35: 34: 29:This article 27: 23: 18: 17: 428: 418: 407: 397: 377: 370: 345: 341: 331: 320:. Retrieved 316: 306: 295:. Retrieved 291: 282: 254: 247: 226: 203: 199: 186: 175: 172:Meidner Plan 155: 148: 144:trade unions 118: 117: 102: 93: 83: 76: 69: 62: 50: 38:Please help 33:verification 30: 156:During the 133:version of 445:Categories 322:2021-04-03 297:2021-04-03 239:References 66:newspapers 466:Ownership 362:0346-8755 131:socialist 123:Swedish 80:scholar 385:  360:  270:  82:  75:  68:  61:  53:  87:JSTOR 73:books 383:ISBN 358:ISSN 268:ISBN 229:1994 218:Bure 59:news 350:doi 317:Vox 260:doi 42:by 447:: 427:. 406:. 356:. 346:37 344:. 340:. 315:. 290:. 266:. 258:. 168:. 146:. 125:: 391:. 364:. 352:: 325:. 300:. 276:. 262:: 121:( 109:) 103:( 98:) 94:( 84:· 77:· 70:· 63:· 36:.

Index


verification
improve this article
adding citations to reliable sources
"Employee funds"
news
newspapers
books
scholar
JSTOR
Learn how and when to remove this message
Swedish
socialist
sovereign wealth funds
collective employee ownership
trade unions
Swedish Social Democratic Party
2020 United States presidential election
Bernie Sanders
United States
Swedish Trade Union Confederation
Rudolf Meidner
Rehn–Meidner model
Social Democrat
1982 Swedish general election
1991 general election
Bure
Stockholm Stock Exchange
1994
Kjell-Olof Feldt

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