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

Bengtsson, Erik LU (2023) In Lund Papers in Economic History
Abstract
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.
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author
organization
publishing date
type
Working paper/Preprint
publication status
published
subject
keywords
economic policy, Sweden, macroeconomics, history of capitalism, mixed economy, H60, N14, N44, P16
in
Lund Papers in Economic History
issue
2023:250
pages
25 pages
language
English
LU publication?
yes
id
cb475205-7055-4604-b994-52ea4cc9c640
date added to LUP
2023-09-01 11:57:16
date last changed
2023-09-04 09:32:05
@misc{cb475205-7055-4604-b994-52ea4cc9c640,
  abstract     = {{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.}},
  author       = {{Bengtsson, Erik}},
  keywords     = {{economic policy; Sweden; macroeconomics; history of capitalism; mixed economy; H60; N14; N44; P16}},
  language     = {{eng}},
  note         = {{Working Paper}},
  number       = {{2023:250}},
  series       = {{Lund Papers in Economic History}},
  title        = {{The politics of profits: Profit squeeze and political-economic change in Sweden, 1975–1985}},
  url          = {{https://lup.lub.lu.se/search/files/156676902/LUPEH_250.pdf}},
  year         = {{2023}},
}