Folkhemmet in the context of "Keynesian"

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⭐ Core Definition: Folkhemmet

Folkhemmet (Swedish: [ˈfɔ̂lkˌhɛmːɛt], lit.'the people's home') is a political concept that played an important role in the history of the Swedish Social Democratic Party and the Swedish welfare state. It is also sometimes used to refer to the long period between 1932 and 1976 when the Social Democrats were in power (except for a brief period in 1936 when Axel Pehrsson-Bramstorp from the Farmers' League was prime minister) and the concept was put into practice, but also works as a poetic name for the Swedish welfare state. Sometimes referred to as "the Swedish Middle Way", folkhemmet was viewed as midway between capitalism and socialism. The base of the folkhem vision is that the entire society ought to be like a family, where everybody contributes, but also where everybody looks after one another. The Swedish Social Democrats' successes in the postwar period is often explained by the fact that the party managed to motivate major social reforms with the idea of the folkhem and the national family's joint endeavor.

The Social Democratic leaders Ernst Wigforss, an avid Keynesian, Gustav Möller and Per Albin Hansson, a social corporatist, are considered the main architects of folkhemmet, with inspiration from the conservative Rudolf Kjellén and the Danish Social Democrats C.V. Bramsnæs and Karl Kristian Steincke. It was later developed by Prime Ministers Tage Erlander and Olof Palme until the Social Democratic Party lost power in 1976. Another important proponent was Hjalmar Branting, who came into contact with the concept while a student at Uppsala University, and went on to become the first socialist Prime Minister of Sweden.

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Folkhemmet in the context of Gunnar Myrdal

Karl Gunnar Myrdal (/ˈmɜːrdɑːl, ˈmɪər-/ MUR-dahl, MEER-; Swedish: [ˈɡɵ̌nːar ˈmy̌ːɖɑːl]; 6 December 1898 – 17 May 1987) was a Swedish economist and sociologist. In 1974, he received the Nobel Memorial Prize in Economic Sciences along with Friedrich Hayek for "their pioneering work in the theory of money and economic fluctuations and for their penetrating analysis of the interdependence of economic, social and institutional phenomena." When his wife, Alva Myrdal, received the Nobel Peace Prize in 1982, they became the fourth ever married couple to have won Nobel Prizes, and the first and only to win independent of each other (versus a shared Nobel Prize by scientist spouses).

Myrdal is best known in the United States for his study of race relations, which culminated in his book An American Dilemma: The Negro Problem and Modern Democracy. The study was influential in the 1954 landmark U.S. Supreme Court decision Brown v. Board of Education. In Sweden, his work and political influence were important to the establishment of the Folkhemmet and the welfare state.

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Folkhemmet in the context of Per Albin Hansson

Per Albin Hansson (28 October 1885 – 6 October 1946) was a Swedish politician and statesman who served as Prime Minister of Sweden from 1932 until his death in 1946. He succeeded Hjalmar Branting as leader of the Social Democratic Party (SAP) in 1925 and represented Stockholm in the Riksdag from 1918 to 1946. Widely regarded as one of the fathers of modern Sweden, Hansson led the country through the Great Depression and the Second World War.

Hansson shaped both the political and social development of Sweden in the 20th century. He introduced the concept of Folkhemmet (lit."the People’s Home") in 1928, a political vision that defined the Swedish welfare state. Built on ideas of social security, egalitarianism, and social inclusion, he promoted reforms aimed at improving living standards, expanding public services, and developing the social safety net. His governments oversaw major initiatives in housing, employment policy, defence planning, and social insurance, transforming the Social Democratic Party into the Sweden’s dominant political force.

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