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Word: lindencrona (lookup in dictionary) (lookup stats)
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...government has severely curtailed the discretion of Sweden's capitalists in using their wealth and managing their businesses. Observes Stockholm University Jurist Gustaf Lindencrona: "As long as you use your money to raise productivity, the government won't do anything against it. But if people want to consume their money, the government will keep them from doing it." The aim has been to foster what the Social Democrats call "social" rather than "antisocial" uses of ownership. This will be furthered by legislation that takes effect next year, encouraging all management decisions to be subject to collective bargaining with...

Author: /time Magazine | Title: SWEDEN: Something Souring in Utopia | 7/19/1976 | See Source »

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