The Rehn–Meidner Model in Sweden: Its Rise, Challenges and Survival

CLAIM CONNECTIONS / 10

Where this source is used

• The model paired selective employment support with mobility-enhancing adjustment measures intended to sustain employment and move labor toward expanding activities.

  • supports · pp. 680–683

• From 1956 to 1983, Swedish solidaristic wage policy operated through coordinated peak bargaining with industry and workplace implementation rather than through one uniform wage fixed centrally.

  • supports · pp. 681–684

• Rehn and Meidner advocated combining full employment and fair wages with price stability and high economic growth.

  • supports · pp. 677–681

• Sweden never consistently applied the full Rehn–Meidner package, although the late 1950s to early 1970s combined an expansion of active labor-market policy and solidaristic wage policy during the model's strongest period of influence.

  • supports · pp. 683–684 and 704–705

• The Rehn–Meidner model combined solidaristic wage policy and active labor-market policy with restrictive macroeconomic policy over the business cycle.

  • supports · pp. 677–682

• The Rehn–Meidner model became influential in a Swedish setting shaped by Social Democratic government and organized labor, but it remained a distinct program whose components were adopted unevenly.

  • supports · pp. 677–684 and 704–705

• The model called for restrictive general fiscal policy over the business cycle to restrain inflationary excess demand while selective policies pursued employment and adjustment.

  • supports · pp. 679–681

• In 1976, LO adopted a wage-earner-fund proposal based on a Meidner report that advocated collective profit sharing partly to appropriate excess profits associated with solidaristic wage policy.

  • supports · p. 692

• Erixon's account of the original Rehn–Meidner package presented to the 1951 LO Congress identifies wage policy, labor-market policy, and restrictive macroeconomic policy, not a transfer of productive-asset ownership, as its defining means.

  • supports · pp. 677–684

• Sweden expanded active labor-market policy from the late 1950s into the early 1970s, during the period Erixon identifies as the Rehn–Meidner model's strongest practical influence.

  • supports · pp. 683–684