Download Viking Economics:: How the Scandinavians Got It Right - And How We Can, Too
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Viking Economics:: How the Scandinavians Got It Right - And How We Can, Too
Download Viking Economics:: How the Scandinavians Got It Right - And How We Can, Too
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Audible Audiobook
Listening Length: 7 hours and 26 minutes
Program Type: Audiobook
Version: Unabridged
Publisher: Spoken Word Inc.
Audible.com Release Date: August 7, 2017
Whispersync for Voice: Ready
Language: English, English
ASIN: B074JFY4XJ
Amazon Best Sellers Rank:
This book can be an informative and engaging read for people who do not already have a broad familiarity with contemporary Scandanavia. However, as a social scientist with many years of research in Sweden, I found that the book has three shortcomings: first, it skims the surface of the abundant research findings on socio-economic issues in Scandanavia; second, it's essentially a book about Norway with bits of Danish and Swedish material sort-of tacked on; third, it's largely a whitewash, with insufficient attention paid to signs of dysfunction, like bias against immigrants, the bases of support and growing political influence right wing populist movements, widespread alcohol and drug problems, etc.
This is a very good survey of an alternative approach to structuring an economy than the one American’s believe must be the best in the world since it is American.The Nordic model that Lakey describes is not against markets, or capitalists, or profits. It does suggest that they should not be the ultimate concern in a society and should serve the needs of the members of the society, and not the other way around.I do wish he had spent more time describing how we might adapt this model to current conditions in the United States. The description of how the Scandinavians developed the consensus they currently have relied pretty heavily on an organized labor movement that has largely been eviscerated in the US.I do highly recommend it though. It is very approachable for book on this subject, and while I wouldn’t call it a page turner, it is a very enjoyable and enlightening read.
Viking Economics: how the Scandinavians got right and how we can too, by George Lakey, reviewed by Jerry WoolpyGrowing inequality is the root cause of our malaise. The symptoms are elite and corporate dominance and our inability to moderate them at the ballot box. Norway, Sweden, and Denmark provide the vision for our progressive movement. They struggled with elite dominance and authoritarianism and by dint of non-violent action overcame it to achieve meaningful democracy. Voting was not enough. Violence was not the answer. Boycotts, strikes, unionization, dogged demonstrations and other non-violent movements ultimately prevailed. Eventually the elite caved and strangely enough the economy prospered to the advantage of rich and poor alike. The goals that these tactics achieved were high taxes to support universal health care, free education, massive job training along with generous unemployment compensation. Bailouts for investors, including investment banks were prohibited. But coops and savings banks were protected. It turns out that most of the wealthy realized that high taxes were worth the cost because they lead to a stable and high growth economy with a population that trusts government. Crime and corruption were lowered to the lowest among developed nations. Only a few CEOs left the country. Startups and small business flourished as did small farms. Rural-Urban conflicts evaporated. Science, including environmental protection, global warming offsets, carbon taxes, electric cars, bikes and public transportation happened because of increased awareness and realism. Immigration and its consequent racism is and was a problem, but it was successfully mitigated and for the most part held to a minimum because of strong popular opinion and election results to the contrary. Lakey opines that Trump is a symptom not a cause. And he notes that Trump only got the votes of a quarter of the US population while the other three quarters failed to realize their majority and did not recognize the need to organize, demonstrate, start moving for things they favor: unions, taxes, health care, education, infrastructure, living wages, and jobs for everyone. Take heart friends. If the Vikings can do it so can the Yanks. Inequality is not our ultimate fate as long as we level the playing field for labor and make investors take the full risk of their investments without the protection of bailouts or tax loopholes.
Amazing summary of the incredible benefits of these economies, and how they got that way. More people should read it and get active to make the USA follow their lead.
Everyone should read this book. It tells how a couple of countries got it right. They have governments who actually care about all the people. Norway's goal was to eliminate property and in doing so they also eliminated a lot of other problems. Why can't the US do what Norway did?!!
Great lessons for America to learn from if we want to bring back the middle class again and prevent a culture of unhealthy financial, economical and psychological dependency... Universal health care, paid parental leave, paid vacation, free college, social mobility, retirement pensions, high trust society, transparent governments etc... When you create the right conditions for people to get their needs met throughout different stages of their lives whether it be a college student getting paid to go to school, a married couple taking time off to bond with their baby and still keep their job..., or a retiree needing medical treatment at old age the nation will flourish altogether and still be productive in the global economy...
Fabulous read, with great facts and statistics presented in a very engaging and readable format...brings the Scandinavian countries to life, and explains simply how their way of life and economy/culture supports a vibrant and forward-thinking, as well as very successful socioeconomic society that combines both freedom, equality of opportunity in personal and professional life choices, and the basic life necessities for everyone with the cultural foundation and expectation being that for this to work, everyone that can work should...in fact, the Scandinavian countries strongly encourage this by retraining and reeducating those so that they can become gainfully employed tax-paying citizens. While it touches on all three 'Scandinavian' countries (Sweden, Denmark, and Norway), it's heavily slanted on Norway, possibly because the author's wife is Norwegian and he spent time there after their marriage, but he also explores the other two nations (Iceland and Finland) that along with the three Scandinavian countries comprise the five Nordic countries. Fascinating and compelling reading.
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