Part 6/9:
One of the defining features of the Nordic model is the cooperative relationship among governments, employees, and employers. Instead of adversarial interactions, these groups work together towards common goals. This collaboration allows for informed governance, balancing the needs of the economy while ensuring fair treatment for workers.
As economic changes unfolded, this model facilitated the transition to a circular economy where advancements in technology fueled wealth and job creation. The commitment to a fair society underpinned the foundation of the welfare state that emerged after World War II.