Capitalism can create prosperity only if there is a clear separation between the market and the political sphere, argues Andreas Bergh in his new book Sweden and the Revival of the Capitalist Welfare State (Edward Elgar Publishing, 2014).
Reference:
Bergh, Andreas (2014), "Sweden proves Piketty "unrealistic and ahistorical" ", IFN Newsletter No. 2, 2014. Stockholm: Research Institute of Industrial Economics (IFN).