Download or read book Capitalists Against Markets written by Peter A. Swenson and published by Oxford University Press. This book was released on 2002-09-26 with total page 448 pages. Available in PDF, EPUB and Kindle. Book excerpt: Conventional wisdom argues that welfare state builders in the US and Sweden in the 1930s took their cues from labor and labor movements. Swenson makes the startling argument that pragmatic social reformers looked for support not only from below but also from above, taking into account capitalist interests and preferences. Juxtaposing two widely recognized extremes of welfare, the US and Sweden, Swenson shows that employer interests played a role in welfare state development in both countries.