Review of the book here. Some edited excerpts:
"Scandinavia has delivered a notably high quality of life [because it ...] "invest in the individual person as the primary
resource for delivering economic growth. [...] At its core this idea, he observes, rejects the classical view of
work – that it is a struggle to win the means of existence – and puts
in its place a positive framework of incentives for economic
participation."
"As a result of these states having largely rejected the core assumptions
of classical economics, profit is seen as a consequence of work and not
as its goal. Banking is seen as a service and not as the focus of
economic growth. Education is viewed as vital to personal growth, which
just also happens to be the perfect countercyclical investment that
secures long-term prosperity. And underpinning all this is an
expectation that each person will work to contribute to the overall
well-being of the society of which they are part: this is a perception
of work as a participatory activity. The result appears to be a Keynesian, social democratic nirvana where
education, healthcare and pensions are free, the social safety net is
still strong and cooperatives supply 40 per cent of housing in Norway."
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