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Maja Lotz and Peer Hull Kristensen

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Peer Hull Kristensen, Eli Moen and Kari Lilja

Peer Hull Kristensen, Eli Moen and Kari Lilja approach sustainability from a different angle. They start by presenting how the Nordic welfare states, strong unions and various institutions providing patient capital have promoted forms of enterprises that have secured participatory forms of work organization and are oriented towards developing socially and environmentally responsible practices which are unknown to most countries. However, these regimes have become weaker since the late 1980s. The authors ask whether this change means a digression from the most civilized form of capitalism. The chapter takes a relational approach. It shows how the relation between the state, labour market, distinct actors in the market and enterprises can create sustainable embeddedness of firms in the first place, and how this relational configuration can continue, even when an actor such as the state seems to withdraw from the configuration.