Trust, Social Capital and the Scandinavian Welfare State
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Trust, Social Capital and the Scandinavian Welfare State

Explaining the Flight of the Bumblebee

Gunnar L.H. Svendsen and Gert T. Svendsen

Denmark exemplifies the puzzle of socio-economic success in Scandinavia. Populations are thriving despite the world’s highest levels of tax and generous social benefits. Denmark would appear to be a land of paradise for free-riders and those who want ‘money for nothing’. However, the national personality is characterized both by cooperation in everyday life and the numerous ‘hard-riders’ who make extraordinary contributions. Applying Bourdieuconomics, the authors focus on contemporary case studies to explain how social capital and trust are used to counteract free-riding and enable the flight of the Scandinavian welfare state ‘bumblebee’.
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