Economics

Economics

Video

Back in the days when Bertil Ohlin introduced social liberalism to Sweden the other parties misunderstood the economic policy. It is often said that social liberalism and economics are incompatible. We believe that we can prove it's wrong. Social liberalism and economy can work together as one in a great way.

The Socialliberalerna, unlike many other parties, are aware of what is happening in our world and with our planet. We realize that the race for money and wealth has been the goal for our predecessors over the past hundred years nad has therefor been misleading the people. The film clip above is made by an American institute, but the Netherlands is mentioned as a good example so it can fit into Sweden as well.

As a conscious party that thinks about the environment, about people, about prosperity and about a better future, we are the party that wants to see a better future for everyone, not only the rich!

If Sweden wants to be a successful community in the future, there must also be a change how to think about what is important in life. Is it much more important to work 10-16 hours a day and not have time to spend time with our own children or parents and grandparents, or is it more important that we take good care of ourselves and our loved ones?

To most people the question has an obvious answer. Some may think for a few seconds about the question before they answer (because it is not always easy to come home completely exhausted and, for example, hear the children arguing and nagging) but soon most of us probably realize that all this depends on how we get stressed and the pressured by the society. And the reason for this, in most cases, is that we have large loans and high bills to pay. Therefore, we are forced to earn more money to cope with everyday life and end up not having time for the family and our own interests.

To be more specific: the economic system around which everything is built today is also the economic system around which everything has collapsed in recent decades. After the collapse of communism in the 1980s and 1990s, many believed that the American capitalist system was the best one. People were convinced that the free market economy was what would help everyone get back on their feet and that it was now up to consumption to speed up the spinning wheels of the financial world. But then came the financial crises on 2008 proving us wrong again.

With a system run by banks and bank lobbyists, politicians have bought a policy in a different direction than the one that is best for the Swedish people. With such a view on the finances, the policy is bound to follow the requirements and conditions set by the banking system. With that system it is difficult to combine social liberalism with economics. But by breaking away from the system that has repeatedly proved unsustainable and dangerous for a country and its citizens, and which has only benefited the banks, one can actually combine our policies with economics.

We will explain how it is all connected:

The banks (worldwide) have not produced banknotes and coins - the national banks of countries do - but they have "created" secirities so that the Swedish people have been able to borrow money for consumption. The banks have then called on the Riksbank to lower interest rates (because the banks borrow money from the Riksbank) so that they in turn can lend money to the people. Through lobbyists, the banks have urged politicians to pursue a policy to convince residents to consume "to keep the wheels turning". At the same time, the banks have signed insurences against the securities becuase they have no values. This way the banks will earn money one day when the whole system collapses again simply becuase the securities are worthless. So there is inavitable that the securities of the loans one day will be wothless. Some decades ago this happened when it came out that the securities were completely worthless (through a kind of "legal"pyramid schemes where the investment banks scammed people to invest their money at the bottom of the pyramid but lost everything because all value was just pure speculation). Many governments forced several investment banks to close down, but the big banks that had lent money to the citizens were saved by the governments even though they too had sold useless funds, equity portfolios, etc. At the same time, fees and interest rates on the loans were raised so that the inhabitants and borrowers could pay twice - partly by taxpayers money required to save the banks, and partly through the interest and fees that one still has to pay.But the big banks that lend money to the inhabitants were saved by the governments of many countries even though they had also sold useless funds, equity portfolios, etc. At the same time, fees and interest rates on the loans were raised so that the inhabitants and borrowers could pay twice - partly by taxpayers money required to save the banks, and partly through the interest and fees that one still has to pay.But the big banks that lend money to the inhabitants were saved by the governments of many countries even though they had also sold useless funds, equity portfolios, etc. At the same time, fees and interest rates on the loans were raised so that the inhabitants and borrowers could pay twice - partly by taxpayers money required to save the banks, and partly through the interest and fees that one still has to pay.

There is several evidence and investigations that prove the cases above and it still happens daily that bank lobbyists are pushing politicians both in Sweden and in the EU to continue sticking to this system, simply because this is the only system where banks can continue to make large profits and continue to charge high fees and share gains to the owners.

The people, on the other hand, being the majority having no money to hire lobbyists to influence politicians, remain the big losers .

The majority of the Swedish people have said in various polls they are against profit withdrawals from schools and health care, regardless of which party they vote for. The Socialliberalerna do not question these surveys and of course agree that quality takes precedence over big profit withdrawals. The Socialliberalerna believe that the banks and the financial sector must be limited from profit withdrawals, bonuses and multimillion-dollar salaries if it is always ultimately the taxpayers who must help saving them every time there is a financial crisis. We believe that one must be consistent in stepping in and directing various private sectors that are financed by the taxpayers, regardless of whether it is education or health care money, or crisis packages that the state sends to the banks.

By voting for, or getting involved with, Socialliberalerna you have a great chance to change and do the right thing!

So we simply want to build a new, modern Sweden with a new financial system where the social part is included. Sweden should be a country for everyone, with more time for everyone, with more quality for everyone! It is possible, and to reach that Sweden needs an innovative and visionary party in the government that sees the possibilities and that is ready to do what it takes to get there. The Socialliberalerna is that party!