Word: skandinaviska
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Dates: during 1960-1969
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...much more of it in the future. Britain's Laborites will try to renationalize steel, but will probably leave private industry in general untouched; most politicians on the Continent are extremely careful about how they use the word nationalization. Says Lars Erik Thunholm, president of Stockholm's Skandinaviska Bank: "The nationalization of industry is a dead issue as long as private enterprise shows the ability to continue expanding the economy." There is no sign that Europe's neocapitalists, who have gathered new strength from the fusion of ideas and methods, are about to lose that ability...