quantum-fitness at 2024-03-25 08:32:29+00:00 ID: kwgjwvg

The other comment also miss other things. The socialdemocrats used to be much more socialist. So part if their goal was full employment, like the one the Soviet union. At the time we had what was called "dyrtidsregulering" this ment that public sector wages and social benefits like welfare would be regulated with inflation.

Full imployment in a free market with competition happens to create inflation because there are a supply side problem in people to employ. This then caused peoples wages to increase. Which ment people had to increase prices and so on.

This caused inflation hell.