Three-Pillar Cure

During his first US trip since his appointment, Swedish Prime Minister Stefan Löfven visited NYU Law to discuss the Nordic model of democracy: economic competitiveness, open-mindedness, and a high standard of living. Löfven laid out the model’s three mutually supporting pillars: an economic policy focused on full employment, a universal and generous welfare system, and an organized labor market. Despite setbacks that included race riots in 2013, Löfven remains confident in the system: “We have to adapt it to a new situation, constantly, constantly, to make sure that it will not only survive but will develop.”

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