karl-henrik pettersson


Filosofiska tankar om företagande och ekonomi

Vilket samhälle vill vi ha? Hur mycket marknad? Hur mycket politik? Varför dessa ekonomiska orättvisor?

Notes on a society in crisis (5): About U.S. politicians’ inability to create stability

On April 1st, my book,” Dagbok från USA”, came out in Sweden. It will also soon be published in English (as an e-book for Kindle and for other readers) with the title: “Diary from the United States – Notes on a society in crisis“. As an appetizer for English speaking readers, I will the coming weeks publish some excerpts from the book.

“It’s the stability, stupid!”

The World Economic Forum (WEF) annually organizes a high-profile conference in Davos, Switzerland, for the world’s economic and political elite. Almost everyone knows about that. Fewer know that the WEF is also a think tank with substantial resources. Among other things, the WEF in recent years has conducted an ambitious study of the competitiveness of various countries.

The latest report, published in 2010, measures and compares 139 countries in accordance with twelve criteria of importance for competitiveness. These twelve criteria are shown in the chart below (click for bigger picture), where four European countries, including Sweden, are compared.


It only takes a quick glance at the graph to see that Sweden is doing better than the other three countries in the comparison – France, Germany and England. In fact, Sweden comes in second among all 139 countries. Switzerland takes first place. After Switzerland and Sweden – to pick the ten most competitive in the ranking – come Singapore, the U.S., Germany, Japan, Finland, the Netherlands, Denmark, and Canada.

The West’s most successful countries – the United States, Canada and the northern European countries – are thus at the top of this ranking. (The exception is Singapore, which though is not a traditional country but a sovereign city-state.) Looking at the whole list, one finds the BRIC countries a good bit down on the list: Brazil in position 58, Russia 63, India 51 and China 27. This means that it’s not the potential to create sustainable high growth that is the problem for the Western countries. Competitiveness is clearly in place. It must be something else. The answer is politics. Or more precisely, it’s the Western politicians’ inability to create both competitiveness and stability. The politicians in some of the West’s strongest economies, the United States and the Eurozone countries, have variously managed the feat of getting into a grave instability affecting growth. It’s symptomatic that in countries like Australia and New Zealand one does not – as here – talk about the 2008-2009 crisis as “the global financial crisis”. It’s called instead, and rightly so, “the North Atlantic financial crisis”.

United States is particularly interesting. The country comes high – in fourth place – in the rankings. The report points to the familiar strengths that the U.S. has – technological readiness, innovative companies, excellent universities for both teaching and research, an efficient venture capital market, a flexible labor market, and last but not least, a very large domestic market that creates opportunities for economies of scale.

But then comes the report’s reservations, explaining why the U.S. has lost in the rankings since the last report:

On the other hand, there are some weaknesses in particular areas that have deepened since our last assessment. The evaluation of institutions has continued to decline, falling from 34th to 40th this year. The public does not demonstrate strong trust of politicians (54th), and the business community remains concerned about the government’s ability to maintain arms-length relationships with the private sector (55th) and considers that the government spends its resources relatively wastefully (68th). There is also increasing concern related to the functioning of private institutions, with a measurable weakening of the assessment of auditing and reporting standards (down from 39th last year to 55th this year), as well as corporate ethics (down from 22nd to 30th). Measures of financial market development have also continued to decline, dropping from 9th two years ago to 31st overall this year in that pillar. A lack of macroeconomic stability continues to be the United States’ greatest area of weakness (ranked 87th).

What is this summary saying? First, that there’s a negative trend for the U.S. in terms of the criteria that determine competitiveness. For example, trust in institutions and politicians has fallen. The Economist published a graph (Economist, August 6th, 2011) showing that the American business community’s confidence in the politicians in Washington, D.C. (“U.S. Congress”) has been falling since 2002. Judging from the graph, the business leaders in Canada, Germany and England have not experienced the same loss of confidence in their politicians.

The other thing that the citation says is that the United States in terms of many criteria is surprisingly bad. If a country comes further down than 50 in the rankings, one can start talking about serious deficiencies in competitiveness (there are, as a comparison, today 34 OECD countries). And if a country comes in 87th place in “macroeconomic stability” – as the United States does – then it probably will become difficult to achieve high long-term relative growth. The fact that the U.S. has had two major crises in the last decade – the IT debacle at the beginning of the decade and the subprime crisis of 2008-2009 – is the concrete proof that it’s right and proper to give a low rating of U.S. politicians’ ability to create stability, the most important task for Western politicians as the situation stands, according to this report. Or to parody another familiar expression: “It’s the stability, stupid!”


“The Global Competitiveness Report 2010-2011”, 2010, World Economic Forum, Geneva;

First published (in Swedish): August 9, 2011



  • Facebook
  • Twitter
  • Print
  • email

358 Kommentarer

  1. Hi there to all, how is all, I think every one is getting more from
    this web page, and your views are nice in support of new visitors.

  2. Hello there! This post could not be written any better!
    Going through this post reminds me of my previous roommate!
    He always kept preaching about this. I most certainly will forward this information to him.
    Pretty sure he’s going to have a very good read. Thanks for sharing!

  3. It is the best time to make some plans for the future and it’s time to be happy.

    I’ve read this post and if I could I want to suggest you some interesting things
    or tips. Maybe you could write next articles referring to this article.
    I want to read even more things about it!

  4. First off I want to say excellent blog! I had a quick question that I’d like
    to ask if you do not mind. I was interested to know how you center yourself and
    clear your thoughts before writing. I have had a hard time clearing my thoughts in getting my
    ideas out. I do enjoy writing but it just seems like the first 10 to 15 minutes tend to be lost simply just trying to figure out how to begin. Any suggestions
    or hints? Kudos!

  5. I visit everyday a few blogs and blogs to read
    content, but this website presents quality based articles.

  6. I am really delighted to read this weblog posts which consists of tons of helpful data,
    thanks for providing such statistics.

  7. Oh my goodness! Incredible article dude! Thank you so much, However I am experiencing problems with your
    RSS. I don’t understand the reason why I can’t subscribe to it.
    Is there anybody else getting the same RSS problems?
    Anybody who knows the solution will you kindly respond? Thanks!!

  8. I am genuinely grateful to the owner of this web site who has shared this
    wonderful piece of writing at at this place.

  9. At this time I am going away to do my breakfast, later than having my
    breakfast coming over again to read additional news.

  10. I like the helpful info you provide in your articles.

    I’ll bookmark your blog and check again here frequently.
    I am quite sure I will learn lots of new stuff right here!
    Best of luck for the next!

  11. Its such as you read my mind! You appear to know
    a lot about this, like you wrote the e book in it or something.
    I believe that you simply could do with a few % to force the message house a bit,
    however other than that, this is great blog. An excellent read.
    I’ll certainly be back.

  12. This web site definitely has all the information I needed concerning this subject and
    didn’t know who to ask.

  13. It stands out with its VIP lounge functions and a wide range of higher-paying casino games.

  14. Players get equivalent regulatory protection with possibly the exception of
    responsible gambling tools.

  15. Hey there! I know this is kinda off topic however , I’d figured I’d ask.
    Would you be interested in exchanging links or maybe guest writing a blog article or vice-versa?
    My site goes over a lot of the same subjects as
    yours and I believe we could greatly benefit from each other.
    If you might be interested feel free to shoot me an e-mail.

    I look forward to hearing from you! Terrific blog by the way!

  16. I visited many blogs but the audio feature for audio songs existing at this site is really superb.

  17. If you have any questions or if we missed out on your favorite affiliate program,
    then let us know in the comments below. Read this article It is also the best affiliate program for beginners given its broad appeal and straightforward
    signup process. try this out The more engaged the audience is, the
    more likely they will use your affiliate links and adverts,
    and the faster your commissions will build up and get paid.
    moved here

  18. Si vous souhaitez jouer aux autres jeux, on vous recommande
    d’aller dans les casinos terrestres pour le faire.
    ce formulaire de contact Du vidéo poker aux paris sportifs, les joueurs peuvent explorer
    une multitude de jeux passionnants sans avoir à attendre leur tour pour
    miser leurs jetons. http://ttlink.com Aussi léger que sécurisé, il ne
    ralentira jamais votre navigation et n’entamera pas la batterie.

  19. Быстромонтажные здания: финансовая польза в каждом элементе!
    В сегодняшнем обществе, где время – деньги, объекты быстрого возвода стали реальным спасением для фирм. Эти новаторские строения комбинируют в себе высокую надежность, эффективное расходование средств и ускоренную установку, что дает им возможность превосходным выбором для бизнес-проектов разных масштабов.
    Быстровозводимые здания
    1. Быстрота монтажа: Секунды – определяющие финансовые ресурсы в экономике, и быстровозводимые здания позволяют существенно уменьшить временные рамки строительства. Это высоко оценивается в сценариях, когда актуально быстро начать вести дело и начать прибыльное ведение бизнеса.
    2. Экономичность: За счет улучшения производственных процедур элементов и сборки на объекте, расходы на скоростройки часто бывает менее, по отношению к традиционным строительным проектам. Это позволяет сократить затраты и обеспечить более высокий доход с инвестиций.
    Подробнее на http://www.scholding.ru
    В заключение, моментальные сооружения – это оптимальное решение для бизнес-проектов. Они включают в себя эффективное строительство, финансовую эффективность и устойчивость, что сделало их лучшим выбором для компаний, готовых к мгновенному началу бизнеса и гарантировать прибыль. Не упустите момент экономии времени и средств, оптимальные моментальные сооружения для вашего следующего делового мероприятия!

  20. Am 10. November 1938 wurde die Wohnung der Sostheims verwüstet.
    schauen Sie sich diese Webseite an
    Aus Sorge, scheintot beigesetzt zu werden, verfügte sie, nach ihrem Tod 20 Jahre lang in einem Doppelsarg mit Sichtfenstern oberirdisch aufgebahrt zu werden. diese Seite Durch die Landung des schwedischen Heeres in Norddeutschland im
    Juli 1630 entstand eine neue militärische Lage.
    klicken Sie hier

  21. Vous avez ainsi la chance de tester les fonctionnalités
    du logiciel de votre choix sans limite de temps ni de budget.
    thebodyps.com Il s’agit d’un contrôle qui
    consiste en la vérification de votre identité via votre pièce ID, une
    preuve de votre adresse (attestation de résidence ou facture
    des services publics) et une preuve justifiant que la méthode de paiement choisie est
    en votre nom. site officiel C’est
    un avantage assez conséquent que vous allez avoir du
    mal à trouver ailleurs. s3webservices.tech

  22. Thus, a company that has been around for more than three
    years has clearly been doing something right. americaswomenmagazine.xyz In turn, debt relief companies run debt relief affiliate programs
    – also known as debt consolidation affiliate programs – to turn debtors into customers.

    http://board.samplekorea.com/ The best platforms for affiliate marketing in 2023 include Amazon Associates,
    ShareASale, Commission Junction, and Rakuten Marketing.
    find out here

  23. 0.25, then you can earn $25 for 100 ad clicks; whereas, with affiliate marketing from
    our above example, you can potentially earn $100.
    Hanbiz.Apat.Biz You’ll
    also need to segment your PPC data from your organic search traffic to see
    how many of those paid clicks are signing up for your
    email marketing campaigns or clicking your affiliate links.
    http://www.Business-plans.sblinks.net Compliance
    – The sub-affiliate network must ensure that the affiliates on their platform adhere
    to the brand’s terms and conditions. clrobur.com

  24. Somit ist der Haushaltssaldo 2022 negativ und beträgt 59.606.859 Euro.
    wood-max.co.kr August 1942 mit
    allen anderen Insassen in den Wäldern von Rumbula
    und Bikernieki bei Riga ermordet wurde. bloom.zic.fr ↑ Heinrich Bedford-Strohm:
    Rehabilitation der Opfer der Hexenprozesse in einem
    Gedenkgottesdienst. https://gtk.kr/

  25. Mais peu importe le casino que vous choisirez… nourmandi.com Le bonus de free spins est généralement attribué
    par les casinos en ligne lors de l’inscription à la place ou en plus du bonus de bienvenue.
    nvspwiki.hnue.edu.vn Rien de
    plus simple pour se faire un avis casino sur Kahuna. Opavt.Co.Kr

  26. Tropezia a plus de 10 ans d’expérience sur le marché de
    l’iGaming et en matière de jeux, c’est l’une des plateformes les plus populaires.
    http://www.designdarum.co.kr Deux raisons à
    cela : soit pour une question « d’image », soit
    pour une question géographique car il est vrai qu’il n’existe pas
    en France un casino à tous les coins de rue.
    lien Toutefois,
    il est clair que sur Alexander Casino, la machine à
    sous Treasure of Alexander est le slot phare du casino. http://tarikhravai.ir/

  27. Alle diese Vorgänge führten dazu, dass der
    Entwurf noch einmal überarbeitet werden musste, bevor der Freiburger Gemeinderat am 22.

    Artikelquelle Viele erkennen zu
    spät, dass man auf der Leiter des Erfolges einige Stufen überspringen kann.
    littlerockwomenmag.xyz Bereits 1621
    bot sich für Frankreich die Möglichkeit einer engeren Einflussnahme
    auf die elsässischen Gebiete. Weitere Boni

  28. Another significant benefit of promoting information products is that they usually have higher commissions than physical products.

    look at more info Market Income has
    a wide variety of products and services for you to choose
    to market and sell. g-Am.co.kr One cloud antivirus suite that offers an array of features is TotalAV, which is
    available for multiple platforms and includes protection against threats ranging from ransomware
    to adware, in addition to precautions such as checking executable files for viruses whenever your computer tries to run them.


  29. Technology has revolutionized dating, but face-to-face interactions
    remain invaluable.

  30. Muchas gracias. ?Como puedo iniciar sesion?

  31. The trick is to look for diets that are just starting to trend, find affiliate programs for products
    or services to match that demand, publish content to your site, and then simply bank the affiliate commissions.
    Read More Here When I
    disclose affiliate links on my blog posts or videos, I will sometimes
    thank people in advance for going through them.
    check out this site One powerful functionality of Path is
    that you can use the built-in WordPress custom header to manage
    your site’s feel, control the logo and other branding aspects of your site, as long as it’s in agreement
    with WordPress and Hybrid Core. link

  32. An outstanding share! I’ve just forwarded this onto a colleague who has been doing a little
    homework on this. And he actually bought me breakfast because I found it for him…
    lol. So let me reword this…. Thank YOU for the meal!!
    But yeah, thanx for spending time to talk about this matter here
    on your web page.

  33. Manche deutsche Firmen büßten ein Viertel
    ihres Exportgeschäfts ein; auch Betriebe, die für die
    Rüstung von Bedeutung waren, erlitten nach Aussage des Wehrwirtschaftsstabes empfindliche
    Verluste. https://www.sahmyook.co.kr/ Jahrhunderts
    oder geographisch-statistische Beschreibung der Provinz Brandenburg.
    http://www.assembble.com Wenn es allen Menschen gut geht, dann geht es mir auch gut.
    besuchen Sie diese Seite hier

  34. If you are focused on blogging or creating affiliate sites and building an online
    audience, Amazon Associates can be a great option for you.
    http://www.zilahy.info/ The earning potential is massive
    as long as you are willing to put in the hard yards to sharpen your affiliate marketing strategies.
    check this link right here now The vendor’s sales page has
    all the information about the product: If you’re sending leads to a checkout page, they might
    not have all of the information that they need to
    make a purchase decision. homevideohistory.org

  35. Er erhielt sein Königreich erst wieder, als Claudius im Jahr
    41 Kaiser wurde. Boni Sein Nachfolger an der Wilhelmsschule wurde Isaak Assur (auch Ascher) Francolm.

    Ttlink.Com Minsk Paula (geb.
    13. https://mediawiki.laisvlaanderen.ehb.be/

  36. Oder er hätte seinem Sohn dazu geraten, auf die Thronfolge zu verzichten. kwtc.ac.th Der
    nachmalige August der Starke reiste schließlich als Graf von Leisnig,
    teils auch als Graf von Meißen, beide Titel verwiesen eindeutig auf Kursachsen als sein Herkunftsland.
    klicken Sie jetzt hier 1967) war seit 1980
    niederländischer Thronfolger und trug die Titel Prinz von Oranien (Titel
    des jeweiligen Thronfolgers), Prinz von Oranien-Nassau, Prinz der
    Niederlande und Jonkheer van Amsberg; seit 2013 ist er König der Niederlande (Anrede:
    Majestät). http://www.pilgrim21.com

  37. Films Osso. Le flux se poursuivit après la réunification du
    Viêt Nam. http://Www.seawayads.Ca Cela signifie que non seulement vous pouvez
    bénéficier d’offres exclusives lorsque vous êtes un nouveau joueur mais également si vous êtes un utilisateur régulier.

    Consultez votre URL Nos choix
    se portent sur les jeux qui offrent soit de gros jackpots, soit un potentiel lucratif assez
    élevé qui ne limitera pas vos chances d’obtenir des
    prix importants. classificados.pantalassicoembalagens.com.br

  38. Recruiting affiliates: this is done by engaging with
    individuals or companies passionate about promoting your products.
    https://9m1b22a80ilxc94q.com/bbs/board.php?bo_table=free&wr_id=39614 When it comes to making
    a sale in ecommerce, there’s no room for weak links here.
    necrc.org It also has Smart Locations,
    which is a feature that automatically connects you to
    the best server for your current location. kyeyangencplus.co.kr

  39. Pour finir, et au risque de nous répéter, ne vous inquiétez
    pas trop par rapport aux numéros que vous choisissez.

    http://sluh-mo.e-ppe.com/secure/session/locale.jspa?request_locale=fr&redirect=http://www.dabitlighting.com À travers les meilleurs sites de casino en ligne légaux, cette licence
    jeux casino se traduira par une attestation d’un gouvernement indépendant, tel que le Curaçao, Malte, Gibraltar ou encore la réserve indienne de Kahnawake pour ne citer qu’eux, et
    qu’elle en certifie la parfaite provenance, par un numéro de licence,
    ainsi qu’une période renouvelable tous les 5 ans.
    kanishkakumarrathore.Com Lorsque deux casinos font partie d’un même réseau, on retrouve parfois des jeux, des promotions
    et des services clients similaires. https://forum.atwimamponuarb.com/

  40. I love it whenever people come together and share thoughts.
    Great website, keep it up!

  41. Скорозагружаемые здания: коммерческая выгода в каждом строительном блоке!
    В современной сфере, где минуты – капитал, быстровозводимые здания стали реальным спасением для предпринимательства. Эти новейшие строения обладают твердость, экономичность и быстроту установки, что делает их оптимальным решением для различных коммерческих проектов.
    Быстровозводимые здания
    1. Молниеносное строительство: Минуты – основной фактор в деловой сфере, и здания с высокой скоростью строительства способствуют значительному сокращению сроков возведения. Это чрезвычайно полезно в вариантах, когда требуется быстрый старт бизнеса и начать извлекать прибыль.
    2. Экономия средств: За счет усовершенствования производственных процессов элементов и сборки на месте, цена скоростроительных зданий часто оказывается ниже, по сравнению с традиционными строительными проектами. Это позволяет получить большую финансовую выгоду и получить лучшую инвестиционную отдачу.
    Подробнее на http://www.scholding.ru
    В заключение, объекты быстрого возвода – это превосходное решение для коммерческих инициатив. Они включают в себя скорость строительства, экономию средств и высокую прочность, что дает им возможность лучшим выбором для деловых лиц, готовых начать прибыльное дело и получать деньги. Не упустите шанс на сокращение времени и издержек, оптимальные моментальные сооружения для вашего следующего проекта!

  42. Panthera supports campaigns across all channels through email, display, search, social media, incentive
    and mobile. basics But overall, whatever
    you decide to do, we hope that our list of European affiliate programs above has helped you out &
    we hope that you were able to find a program to suit your needs.
    wikisperience.Com Once you
    learn basic marketing and specifically the skills needed to build an affiliate website, you can repeat this knowledge over and over
    and build as many affiliate sites as you want!


  43. Österreich ist kein Selbstversorger mit Nahrungsmitteln. sistamiq.com Trioen har opfundet sin egen stil:
    triphop-digte. besuchen Sie diese Seite Gegen Abend treffen wir nach einem
    weiteren Telefonat Uli Deppe im Stadtzentrum. ihr neuester Blog

  44. Un bon assortiment vous permet d’essayer de nouvelles choses en permanence, de vous joindre à
    vos amis et de vous amuser. Visitez votre URL Le
    jeu de base repose sur une alternance entre distribution de cartes et tours d’enchères.
    katazaraki.com Privilégiez notre classement des meilleurs casinos en ligne sur lesquels remporter de
    l’argent en jouant à des jeux d’argent en ligne. forum.groupmain.ru

  45. Скоростроительные здания: финансовая выгода в каждой составляющей!
    В сегодняшнем обществе, где моменты – финансы, быстровозводимые здания стали истинным спасением для компаний. Эти инновационные конструкции сочетают в себе устойчивость, финансовую выгоду и быстрый монтаж, что обуславливает их лучшим выбором для коммерческих мероприятий.
    Строительство быстровозводимых зданий из металлоконструкций цена
    1. Ускоренная установка: Минуты – важнейший фактор в экономике, и сооружения моментального монтажа обеспечивают существенное уменьшение сроков стройки. Это особенно востребовано в сценариях, когда срочно нужно начать бизнес и получать доход.
    2. Финансовая эффективность: За счет совершенствования производственных процессов элементов и сборки на площадке, цена скоростроительных зданий часто оказывается ниже, по сравнению с традиционными строительными проектами. Это позволяет сэкономить средства и обеспечить более высокую рентабельность вложений.
    Подробнее на http://www.scholding.ru
    В заключение, сооружения быстрого монтажа – это идеальное решение для коммерческих проектов. Они сочетают в себе молниеносную установку, финансовую выгоду и твердость, что сделало их превосходным выбором для предпринимателей, имеющих целью быстрый бизнес-старт и получать прибыль. Не упустите возможность сократить затраты и время, идеальные сооружения быстрого монтажа для ваших будущих инициатив!

  46. What’s Taking place i am new to this, I stumbled
    upon this I’ve found It absolutely helpful and it has
    aided me out loads. I’m hoping to contribute & help different customers like its
    aided me. Great job.


  1. ทางเข้า LOTTO LSM99 ซื้อหวยออนไลน์ เว็บอันดับ 1 ในไทย
  2. 웹툰 다시보기
  3. https://gulehuset.no/tjenester/priser/

Skriv kommentar