In this week’s article, Alexis Stenfors focuses on the dynamics of the ‘Swedish model’ in 2015. Stenfors argues that today we are slowly witnessing the deconstruction of the old ‘Swedish model’ and a new element appears “to have cemented the belief that Sweden truly has changed: the rise of the Sweden Democrats.” 

Stenfors goes on to show that the deconstruction of the Swedish model “coincides almost perfectly with the deregulation process that was put in motion during the 1980s, and the infamous banking crisis that followed soon thereafter.” Thus, what Sweden is witnessing is the “launch of a remarkably rapid and widespread financialisation process in Sweden.”Alexis Stenfors is currently Senior Lecturer in Economics and Finance at the University of Portsmouth".

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