Originally published in 1978. The present study had grown out of the deliberations of wage policy at the 1971 Congress of LO, the Swedish Confederation of Trade Unions. For many years the LO had pursued a policy of solidarity in wage policy - a policy which sought to relate pay to the nature of the work which an employee carried out, and not to the capacity or ability of the employer to pay. Several issues related to this policy are explored. This study was extremely controversial when first published in Sweden, and will therefore be of great interest to students of economic history and democracy.

Rudolf Meidner, Anna Hedborg, Gunnar Fond

Preface; 1. Background, Remit and Aims 2. Other Suggested Solutions 3. Wage Policy and the Concentration of Wealth - the Evidence 4. The Design of Employee Investment Funds 5. The Spread of the System of Funds 6. Agenda for the Funds 7. The Structure and Administration of the Funds 8. The Prospects of Success 9. Conclusion; Appendices; Index