This title was first published in 2003.The creation of a 'Third
Way' between unfettered capitalism and old-style
Keynesian-corporatist forms of social democracy has become the
driving force behind the policy programmes of many left-of-centre
political parties in the industrialised nations of the world today.
Sweden and the 'Third Way' critically evaluates this 'new' social
democracy by examining the profound shift in Swedish political
economy from being the prototype old-style social democracy towards
the 'Third Way' synthesis of neo-liberalism and elements of
traditional social democracy. Philip Whyman evaluates internal and
external challenges to Swedish macroeconomic policy - including
globalisation, European integration, post-Fordist technological
change and the relative empowerment of capital - to discover the
extent to which national economic autonomy is constrained.
Furthermore, he considers the plausibility of revising the core
elements of the traditional 'Swedish Model' as an alternative to
the prevailing macroeconomic platform.
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