Danish Capitalism in the 20th Century: A Business History of an Innovistic Mixed Economy (Palgrave Studies in Economic History)

Foreword
Preface
Acknowledgements
Praise for Danish Capitalism in the 20th Century
Contents
List of Figures
1 Defining the Twentieth Century and Danish Capitalism
	Individualist Methodology as a Historical Method
		Telling a Grand National Narrative as an Individualist Methodologist
		Boundary Conditions and Social Change
	When Was the Twentieth Century in Denmark?
	What Is Danish Capitalism?
		Danish Capitalism as a Case for Innovism
	The Mixed Economy: Balancing of a Regulatory State and the Free Market
2 Antecedents to Danish Capitalism in the Twentieth Century
	The Ancient Danish Folk
	Danish Downfall in the Nineteenth Century
	The Collective State Model
	The First Constitution
	The Freedom of Trade Act and Impacts of the Danish Freedom Reforms
	The Conservative Counter-Movement
	Conclusion
3 Danish Economic Policy and Institutions in the Twentieth Century: From Laisse Fair to a Mixed Economy?
	Towards a New Dominant Institutional Logic
	The Important Scandals and Life Before the Welfare State
	Banking Crisis and Shift of Sentiments
	The English Inspiration
	The Constitutional Change and the Emergence of Redistribution as the Raison D\'être of the State
	The Failed State and the Welfare State
	The Final Breakthrough: The National Pension
	The Good Times That Changed Everything
	The Ungovernable Welfare Sector
	The Too Late and Too Incomplete Reforms
	The Dream of the Planned Welfare State
	The Wall
	New Public Management: The Introduction of Misunderstood Business Thinking
	Reforms and Labor Supply
	Conclusion
4 Competing Explanations for Danish Prosperity
	The Consensus Explanation
	The Common People Hypothesis
	The Lost Opportunity Paradigm
	Trust and Danish Capitalism
	The Role of a Homogeneous Population
	The Role of Religion
	The Romerian Explanation
	Conclusion
5 The Industrial Denmark in the Twentieth Century
	War and Competition—Prelude to the Twentieth Century
	States Within the State
	Innovation and the New Schools of Thought
	The New Origins and Conclusion
6 The Methods and Institutions of Twentieth Century Danish Capitalism
	The Danish Model and Flexicurity
		Challenges
	The Cooperative Movement
	Industrial Foundation Ownership
	Købmandskab: A Danish Approach to Selling?
	Institutionalized Daycare
	Extensive Pension System
	Conclusion
7 Danish Capitalism in the Twenty-First Century: Legacy and Changes in the First Two Decades
	The State of the Kingdom in 2021
	Three Key Macro Shifts
		The Return and Stagnation of Economic Freedom
		The Welfare Coalition
		From an SME Economy to a “Mittelstandmark”
	A Shared Reform Agenda and a Paradigm Shift
		Municipality Reform II—The Difficulty of Public Efficiency
	The Possible Paradigm Shift?
	The Value War; Immigration Skeptics and Activist Foreign Policy
		The Export Economy
		The Value War, Immigration and Activist Foreign Policy
	Housing, Real Estate and Crime
	The Rebirth of Entrepreneurship?
	Lobbyism and the Twenty-First Century State
	Conclusion
Concluding Remarks
The Damned Victory
Did Denmark Max Out?
Why Did Danish Capitalism Foster so Different Companies that Proved Globally Competitive?
How Were These Companies Impacted by—and Did They Impact—Danish Capitalism?
To What Degree Does the Case of Denmark Give Evidence to Innovism as the Main Explanation for Prosperity as Observed in Modern Times
Index