|
Employee Funds
Employee funds ( sv, Löntagarfonder), sometimes referred to as Wage Earner funds, is a socialist version of sovereign wealth funds 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 companies from private to collective employee ownership. The funds were controlled by representatives of Swedish trade unions. History The idea was launched in the 1970s, with Rudolf Meidner playing a leading role in developing the idea, and they were in place from 1982 to 1991. 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. They were introduced following the Social Democrat victory at the 1982 Swedish general election and accumulated funds until the 1991 Swedish general election, when the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Socialist
Socialism is a left-wing economic philosophy and movement encompassing a range of economic systems characterized by the dominance of social ownership of the means of production as opposed to private ownership. As a term, it describes the economic, political and social theories and movements associated with the implementation of such systems. Social ownership can be state/public, community, collective, cooperative, or employee. While no single definition encapsulates the many types of socialism, social ownership is the one common element. Different types of socialism vary based on the role of markets and planning in resource allocation, on the structure of management in organizations, and from below or from above approaches, with some socialists favouring a party, state, or technocratic-driven approach. Socialists disagree on whether government, particularly existing government, is the correct vehicle for change. Socialist systems are divided into non-market and market f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sveriges Radio
Sveriges Radio AB (, "Sweden's Radio") is Sweden's national publicly funded radio broadcaster. Sveriges Radio is a public limited company, owned by an independent foundation, previously funded through a licensing fee, the level of which is decided by the Swedish Riksdag. As of 1 January 2019, the funds stem from standard taxation. No advertising is permitted. Its legal status could be described as that of a quasi-autonomous non-governmental organization. History The company – which was founded as AB Radiotjänst ("Radio Service Ltd") by a consortium of newspaper companies, the TT news agency, and radio manufacturing interests on 21 March 1924 – made its first broadcast on 1 January 1925: a relay of High Mass from St James's Church in Stockholm. It was officially renamed Sveriges Radio in 1957. Sveriges Radio was originally responsible for all broadcasting in Sweden, both radio and television, and hosted the 1975 Eurovision Song Contest. A reorganization in 1979 saw i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1980s In Sweden
__NOTOC__ Year 198 (CXCVIII) was a common year starting on Sunday (link will display the full calendar) of the Julian calendar. At the time, it was known as the Year of the Consulship of Sergius and Gallus (or, less frequently, year 951 '' Ab urbe condita''). The denomination 198 for this year has been used since the early medieval period, when the Anno Domini calendar era became the prevalent method in Europe for naming years. Events By place Roman Empire *January 28 **Publius Septimius Geta, son of Septimius Severus, receives the title of Caesar. **Caracalla, son of Septimius Severus, is given the title of Augustus. China *Winter – Battle of Xiapi: The allied armies led by Cao Cao and Liu Bei defeat Lü Bu; afterward Cao Cao has him executed. By topic Religion * Marcus I succeeds Olympianus as Patriarch of Constantinople (until 211). Births * Lu Kai (or Jingfeng), Chinese official and general (d. 269) * Quan Cong, Chinese general and advisor (d. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Politics Of Sweden
The politics of Sweden take place in a framework of a parliamentary representative democratic constitutional monarchy. Executive power is exercised by the government, led by the prime minister of Sweden. Legislative power is vested in both the government and parliament, elected within a multi-party system. The judiciary is independent, appointed by the government and employed until retirement. Sweden is formally a monarchy with a monarch holding symbolic power. Sweden has a typical Western European history of democracy, beginning with the old Viking age Ting electing kings, ending with a hereditary royal power in the 14th century, that in periods became more or less democratic depending on the general European trends. The current democratic regime is a product of a stable development of successively added democratic institutions introduced during the 19th century up to 1921, when women's suffrage was introduced. The Government of Sweden has adhered to parliamentarism — ''de ju ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economic History Of Sweden
The economic history of Sweden has since the Iron Age been characterized by extensive foreign trade based on a small number of export and import commodities, often derived from the widely available raw materials iron ore and wood. An industrial expansion in the latter half of the 19th century transformed the society on many levels. Natural-resource-rich regions benefited from the First Industrial Revolution. A growth surge in Sweden later benefited virtually the whole country during the Second Industrial Revolution. It fostered a broad export-oriented engineering industry with companies such as LM Ericsson, Asea, Alfa Laval, Aga, Electrolux, SKF and Volvo reaching well established positions on the global market and becoming drivers of GDP growth. In addition to engineering, the pulp and paper, steel, and chemical industries developed to reach international prominence. By the 1970s, Sweden had become one of the wealthiest nations of the world. The growth slowed down during the follow ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States
The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territories, nine Minor Outlying Islands, and 326 Indian reservations. The United States is also in free association with three Pacific Island sovereign states: the Federated States of Micronesia, the Marshall Islands, and the Republic of Palau. It is the world's third-largest country by both land and total area. It shares land borders with Canada to its north and with Mexico to its south and has maritime borders with the Bahamas, Cuba, Russia, and other nations. With a population of over 333 million, it is the most populous country in the Americas and the third most populous in the world. The national capital of the United States is Washington, D.C. and its most populous city and principal financial center is New York City. Paleo-Americ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bernie Sanders
Bernard Sanders (born September8, 1941) is an American politician who has served as the junior United States senator from Vermont since 2007. He was the U.S. representative for the state's at-large congressional district from 1991 to 2007. Sanders is the longest-serving independent in U.S. congressional history. He has a close relationship with the Democratic Party, having caucused with House and Senate Democrats for most of his congressional career. He is often seen as a leader of the democratic socialist movement in the United States. Sanders unsuccessfully sought the Democratic Party nomination for president of the United States in 2016 and 2020, finishing in second place in both campaigns. Before his election to Congress, he was mayor of Burlington, Vermont. Born into a working-class Jewish family and raised in the Brooklyn borough of New York City, Sanders attended Brooklyn College before graduating from the University of Chicago in 1964. While a student, he wa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2020 United States Presidential Election
The 2020 United States presidential election was the 59th quadrennial presidential election, held on Tuesday, November 3, 2020. The Democratic ticket of former vice president Joe Biden and the junior U.S. senator from California Kamala Harris defeated the incumbent Republican president Donald Trump and incumbent vice president Mike Pence. The election took place against the backdrop of the global COVID-19 pandemic and related recession. It was the first election since 1992 in which the incumbent president failed to win a second term. The election saw the highest voter turnout by percentage since 1900, with each of the two main tickets receiving more than 74 million votes, surpassing Barack Obama's record of 69.5 million votes from 2008. Biden received more than 81 million votes, the most votes ever cast for a candidate in a U.S. presidential election. In a competitive primary that featured the most candidates for any political party in the modern era of American pol ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kjell-Olof Feldt
Kjell-Olof Feldt (born 18 August 1931) is a Swedish Social Democratic politician who was minister of finance between 1983 and 1990. Previously, Feldt was assistant minister of finance from 1975 to 1976 and minister of commerce and industry from 1970 to 1975. The Social Democrats lost power in the 1976 elections, but, after having won the elections of 1982, Feldt was appointed minister of finance by Prime Minister Olof Palme. He was seen as a part of Kanslihushögern during his time in office. Early life Feldt was the son of a single mother, Irma, née Jonsson, who had to send young Kjell-Olof to live with his grandfather's sister because of his father's alcoholic problems. Though he came from a working-class family, Kjell-Olof managed to gain admission to Uppsala University where he received a Politices Magister (extended BA in political science) degree in 1956. He received a Master's degree at Lund University in 1967. Career In a ''Playboy Scandinavia'' interview, Feldt ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1994 Swedish General Election
General elections were held in Sweden on 18 September 1994.Dieter Nohlen & Philip Stöver (2010) ''Elections in Europe: A data handbook'', p1858 The Swedish Social Democratic Party remained the largest party in the Riksdag, winning 161 of the 349 seats.Nohlen & Stöver, p1873 Led by Ingvar Carlsson, the party returned to power and formed a minority government after the election. This was the final time the Social Democrats recorded 45% of the vote before the party's vote share steeply declined four years later and never recovered. The Greens also returned to the Riksdag after a three-year absence. The election saw the largest bloc differences for a generation, with the red-green parties making sizeable inroads into the blue heartlands of inner Småland and Western Götaland, at an even higher rate than 1988. The Social Democrats gathered more than 50% of the vote in all five northern counties, Blekinge, Södermanland, Västmanland and Örebro. In spite of the loss of power, the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Svenska Dagbladet
''Svenska Dagbladet'' (, "The Swedish Daily News"), abbreviated SvD, is a daily newspaper published in Stockholm, Sweden. History and profile The first issue of ''Svenska Dagbladet'' appeared on 18 December 1884. During the beginning of the 1900s the paper was one of the right-wing publications in Stockholm. Ivar Anderson is among its former editors-in-chief who assumed the post in 1940. The same year ''Svenska Dagbladet'' was sold by Trygger family to the Enterprise Fund which had been established by fourteen Swedish businessmen to secure the ownership of the paper. The paper is published in Stockholm and provides coverage of national and international news as well as local coverage of the Greater Stockholm region. Its subscribers are concentrated in the capital, but it is distributed in most of Sweden. The paper was one of the critics of the Prime Minister Olof Palme, and in December 1984 it asked him to resign from the office following his interview published in ''Hufvud ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sovereign Wealth Funds
A sovereign wealth fund (SWF), sovereign investment fund, or social wealth fund is a state-owned investment fund that invests in real and financial assets such as stocks, bonds, real estate, precious metals, or in alternative investments such as private equity fund or hedge funds. Sovereign wealth funds invest globally. Most SWFs are funded by revenues from commodity exports or from foreign-exchange reserves held by the central bank. Some sovereign wealth funds may be held by a central bank, which accumulates the funds in the course of its management of a nation's banking system; this type of fund is usually of major economic and fiscal importance. Other sovereign wealth funds are simply the state savings that are invested by various entities for the purposes of investment return, and that may not have a significant role in fiscal management. The accumulated funds may have their origin in, or may represent, foreign currency deposits, gold, special drawing rights (SDRs) and In ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
.jpg "Click for more on -> Socialist")
