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The Prologue establishes the author’s personal journey of discovering Nordic capitalism as a transformative lens for understanding market economies. Through firsthand experiences living and working in Nordic countries, it reveals how encountering their universal social services, tax systems, and union participation challenged fundamental assumptions about capitalism formed as an American MBA student and corporate employee. The chapter positions Nordic capitalism as a practical alternative to American neoliberalism when mounting sustainability challenges demand new paradigms, likening the present moment to a potential Kuhnian “scientific revolution“ and paradigm shift away from neoliberal ideology. It introduces key features distinguishing Nordic capitalism, including democratic accountability, stakeholder cooperation, and market alignment with sustainability goals. The Prologue frames the book’s investigation of Nordic capitalism not as a pursuit of utopian ideals, but as a pragmatic exploration of proven approaches for evolving capitalism toward sustainability, an approach that provides hope in a challenging world.
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