Kjell-Olof Feldt
Encyclopedia
Kjell-Olof Feldt is a Swedish
Social Democratic
politician
, born 18 August 1931 in Holmsund
, since 1974 a part of Umeå Municipality
, Västerbottens län. Feldt was Minister of Trade 1970-1975, and assistant Minister of Finance 1975-1976. The Social Democrats lost power in the 1976 elections, but, after having won the elections of 1982, Feldt was chosen to be full Minister of Finance by Prime Minister
Olof Palme
.
During the latter part of the 1980s Feldt and was heavily critizised from within his own party: he and others at the Department of Finance Sw. "kanslihushögern" were thought to be promoting right-wing politics
and to be failing to live up to the traditional ideals of the social democrats. When economic problems mounted in 1990, the rift was high-lighted, and Feldt left office after a fall-out with Prime Minister Ingvar Carlsson
on 16 February. Feldt had been in favour of a tough economic policy to meet the oncoming crisis
and when his ideas met resistance, he decided to leave.http://www.metall.se/home/da/home.nsf/unid/35C9687D86E2A7EAC1256DAD003318A6 Feldt subsequently left party politics, though he remains a member of the Social Democratic Party. During the 1990s and early 2000s, Feldt has heavily criticized Social Democratic economic policy, both past and present.
Feldt was the son of a single mother, Irma, b. Jonsson, who had to send young Kjell-Olof to live with his grandfather's sister. Though he came from a working class
family, Kjell-Olof managed to get admission to enter the University of Uppsala. Since 1970, he has been married to Birgitta von Otter.
Sweden
Sweden , officially the Kingdom of Sweden , is a Nordic country on the Scandinavian Peninsula in Northern Europe. Sweden borders with Norway and Finland and is connected to Denmark by a bridge-tunnel across the Öresund....
Social Democratic
Swedish Social Democratic Party
The Swedish Social Democratic Workers' Party, , contesting elections as 'the Workers' Party – the Social Democrats' , or sometimes referred to just as 'the Social Democrats' and most commonly as Sossarna ; is the oldest and largest political party in Sweden. The party was founded in 1889...
politician
Politician
A politician, political leader, or political figure is an individual who is involved in influencing public policy and decision making...
, born 18 August 1931 in Holmsund
Holmsund
Holmsund is a locality situated in Umeå Municipality, Västerbotten County, Sweden with 5,482 inhabitants in 2005. It is located 18 km south of the city of Umeå and serves as a port for Umeå. Holmsund lies at the mouth of the Ume River. To the west, across the river estuary, is a town called Obbola....
, since 1974 a part of Umeå Municipality
Umeå Municipality
Umeå Municipality is a municipality in Västerbotten County in northern Sweden. Its seat is located in Umeå, which is also the county seat of Västerbotten County.-Administration:...
, Västerbottens län. Feldt was Minister of Trade 1970-1975, and assistant Minister of Finance 1975-1976. The Social Democrats lost power in the 1976 elections, but, after having won the elections of 1982, Feldt was chosen to be full Minister of Finance by Prime Minister
Prime minister
A prime minister is the most senior minister of cabinet in the executive branch of government in a parliamentary system. In many systems, the prime minister selects and may dismiss other members of the cabinet, and allocates posts to members within the government. In most systems, the prime...
Olof Palme
Olof Palme
Sven Olof Joachim Palme was a Swedish politician. A long-time protegé of Prime Minister Tage Erlander, Palme led the Swedish Social Democratic Party from 1969 to his assassination, and was a two-term Prime Minister of Sweden, heading a Privy Council Government from 1969 to 1976 and a cabinet...
.
During the latter part of the 1980s Feldt and was heavily critizised from within his own party: he and others at the Department of Finance Sw. "kanslihushögern" were thought to be promoting right-wing politics
Right-wing politics
In politics, Right, right-wing and rightist generally refer to support for a hierarchical society justified on the basis of an appeal to natural law or tradition. To varying degrees, the Right rejects the egalitarian objectives of left-wing politics, claiming that the imposition of equality is...
and to be failing to live up to the traditional ideals of the social democrats. When economic problems mounted in 1990, the rift was high-lighted, and Feldt left office after a fall-out with Prime Minister Ingvar Carlsson
Ingvar Carlsson
Gösta Ingvar Carlsson is a Swedish politician, Prime Minister of Sweden and leader of the Swedish Social Democratic Party ....
on 16 February. Feldt had been in favour of a tough economic policy to meet the oncoming crisis
Crisis
A crisis is any event that is, or expected to lead to, an unstable and dangerous situation affecting an individual, group, community or whole society...
and when his ideas met resistance, he decided to leave.http://www.metall.se/home/da/home.nsf/unid/35C9687D86E2A7EAC1256DAD003318A6 Feldt subsequently left party politics, though he remains a member of the Social Democratic Party. During the 1990s and early 2000s, Feldt has heavily criticized Social Democratic economic policy, both past and present.
Feldt was the son of a single mother, Irma, b. Jonsson, who had to send young Kjell-Olof to live with his grandfather's sister. Though he came from a working class
Working class
Working class is a term used in the social sciences and in ordinary conversation to describe those employed in lower tier jobs , often extending to those in unemployment or otherwise possessing below-average incomes...
family, Kjell-Olof managed to get admission to enter the University of Uppsala. Since 1970, he has been married to Birgitta von Otter.