Danish Capitalism in the 20th Century

A Business History of an Innovistic Mixed Economy

Stefan Kirkegaard Sløk-Madsen

• Publisher: Palgrave Macmillan
• Year: 2022
• Print ISBN:
  9783031042669
• eBook ISBN:
  9783031042676
• Topic: Economics
• Subtopic: Business General
• Index: Economics

This book outlines the origins of Danish Capitalism and prosperity, from a poor and devastated minor state in the 19th century to a consolidated universal mixed economy welfare state at the end of the 20th century. The book argues that firm-based innovation drove Danish prosperity and redistributive capacity. It is a comprehensive but manageable examination of the institutions and choices that shaped a highly innovative and wealthy nation. The book relies on history and economic theory, presents commonly accepted narratives and theories, and contributes new explanations. Therefore, the book also traces both antecedents and the current state of 20th-century capitalism in Denmark and particular outcomes and critical institutions such as firm age, the labor market, and pension schemes. The book will be of interest to academics in business history and economic policy, as well as policymakers and all those interested in mixed economy studies.

Table of contents

• Cover
• Front Matter
• 1. Defining the Twentieth Century and Danish Capitalism
• 2. Antecedents to Danish Capitalism in the Twentieth Century
• 3. Danish Economic Policy and Institutions in the Twentieth Century: From Laisse Fair to a Mixed Economy?
• 4. Competing Explanations for Danish Prosperity
• 5. The Industrial Denmark in the Twentieth Century
• 6. The Methods and Institutions of Twentieth Century Danish Capitalism
• 7. Danish Capitalism in the Twenty-First Century: Legacy and Changes in the First Two Decades
• Back Matter