The Book
Childs' argument in the book was that Sweden had adopted an effective compromise between the two political extremes of the day: the United States and Russia. Bridging the gap between the "concentration of economic power in the hands of a few men" in the United States and "the trials and hardships in Russia," Sweden seemed to have been able to address its social problems while retaining economic viability, primarily through its combination of a strong cooperative movement and active government involvement in managing the economy.
Read more about this topic: Sweden: The Middle Way
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