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Second Annual Conference of
         Arena’s Economic Council


        DECENT CAPITALISM
CREATING THE ECONOMIC MODEL OF THE
              FUTURE


       Stockholm, 3rd November 2011




              Conference Program
Background and aim

The conference discusses one of the big questions of our time: What is the economic model
of the future? What should it look like? Which markets should fulfill which tasks with which
goal? In which fields are markets suboptimal mechanisms to provide for social and ecological
outcomes? After a period of economic crises and instability we want to discuss at our
conference an economic model of a more “decent capitalism”. Social, ecological as well as
productivity issues will be addressed with great attention and scrutiny. We want to bring
some of these partial views together into the bigger picture of an economic model by
comparing different economies on a systemic level. Notwithstanding many institutional
differences, we want to identify those institutional constellations, which deliver the best
possible outcome in the interplay of market, society and the state.
For that purpose we aim to discuss two aspects: At first, we want to find out, which of the
“varieties of capitalism” were doing best during the crisis and might most probably succeed
the crisis years with a high degree of growth and socio-ecological sustainability. And
secondly, we aim to discuss political strategies to create a “decent capitalism” in Europe.

The organizing institutions are the Friedrich Ebert Foundation and the Arena Group in
Stockholm:

Arena Group is one of the premier progressive think tanks in Scandinavia. The Arena
Group’s Economic Council is a new initiative with the aim of providing space for progressive
economic thinking and stimulating independent economic research. The council attracts
researchers from a broad range of academic disciplines, journalists as well as an interested
public.

Friedrich Ebert Foundation is an independent NGO, associated with the German labor
movement. With offices and activities in more than 100 countries, FES is dedicated to
promoting the values of social democracy.



Time:
10.00 – 15.30, Thursday, 3rd November 2011

Venue:
Norra Latin, Drottninggatan 71b, Stockholm

Organizers:
Christian Kellermann, Director of the Nordic Office, Friedrich Ebert Foundation, Stockholm
E-mail: christian.kellermann@fesnord.se
Tel: +46-8-454-65-92

Håkan A. Bengtsson, CEO Arenagruppen
E-mail: hakan.bengtsson@arenagruppen.se
Tel: +46-7-06646236




                                                                                             2
November 3rd, 2011

10:00                Opening Address

                     Håkan A. Bengtsson & Christian Kellermann

10:10                Keynote Speech: A New Economic Model for Europe

                     Stefan Collignon
                     London School of Economics


10:40                Panel 1: Comparing Economic Models – The Analytical
                     Perspective

                     Andrew Martin, Center for European Studies, Harvard University
                     Jørgen Goul Andersen, Professor of Economics, Politics and
                     Public Administration,Aalborg University
                     Zoltan Pogatsa, Assistant Professor,       University of West
                     Hungary, Sopron
                     Juhana Vartiainen, Head of Research, National Institute for
                     Economic Research, Stockholm


11.40                Coffee Break

12.00                Discussion with the Panel and the Audience

                     Moderator: Jon Erik Dølvik, Research Director, Fafo Institute for
                     Applied Social Science, Oslo.

13:00                Lunch Break (Sandwiches)




                                                                                    3
13:30   Panel 2: Creating a Decent Capitalism in Europe - The
        Political Perspective

        Sven Giegold, Member of the European Parliament,
        Europeangreens
        Emma Lennartsson, Chief Economist, Kommunal
        Howard Reed, Director Landman Economics
        Philipp Steinberg, Advisor on fiscal and economic to the SPD-
        board and EU-Expert

        Discussion with the Panel and the Audience
        Moderator: Daniel Lind, Chief Economist, Unionen Sweden



15:15   Closing Address
        Stefan Löfven, Chairman IF Metal

15:30   End of Conference




                                                                        4

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DECENT CAPITALISM CREATING THE ECONOMIC MODEL OF THE FUTURE

  • 1. Second Annual Conference of Arena’s Economic Council DECENT CAPITALISM CREATING THE ECONOMIC MODEL OF THE FUTURE Stockholm, 3rd November 2011 Conference Program
  • 2. Background and aim The conference discusses one of the big questions of our time: What is the economic model of the future? What should it look like? Which markets should fulfill which tasks with which goal? In which fields are markets suboptimal mechanisms to provide for social and ecological outcomes? After a period of economic crises and instability we want to discuss at our conference an economic model of a more “decent capitalism”. Social, ecological as well as productivity issues will be addressed with great attention and scrutiny. We want to bring some of these partial views together into the bigger picture of an economic model by comparing different economies on a systemic level. Notwithstanding many institutional differences, we want to identify those institutional constellations, which deliver the best possible outcome in the interplay of market, society and the state. For that purpose we aim to discuss two aspects: At first, we want to find out, which of the “varieties of capitalism” were doing best during the crisis and might most probably succeed the crisis years with a high degree of growth and socio-ecological sustainability. And secondly, we aim to discuss political strategies to create a “decent capitalism” in Europe. The organizing institutions are the Friedrich Ebert Foundation and the Arena Group in Stockholm: Arena Group is one of the premier progressive think tanks in Scandinavia. The Arena Group’s Economic Council is a new initiative with the aim of providing space for progressive economic thinking and stimulating independent economic research. The council attracts researchers from a broad range of academic disciplines, journalists as well as an interested public. Friedrich Ebert Foundation is an independent NGO, associated with the German labor movement. With offices and activities in more than 100 countries, FES is dedicated to promoting the values of social democracy. Time: 10.00 – 15.30, Thursday, 3rd November 2011 Venue: Norra Latin, Drottninggatan 71b, Stockholm Organizers: Christian Kellermann, Director of the Nordic Office, Friedrich Ebert Foundation, Stockholm E-mail: christian.kellermann@fesnord.se Tel: +46-8-454-65-92 Håkan A. Bengtsson, CEO Arenagruppen E-mail: hakan.bengtsson@arenagruppen.se Tel: +46-7-06646236 2
  • 3. November 3rd, 2011 10:00 Opening Address Håkan A. Bengtsson & Christian Kellermann 10:10 Keynote Speech: A New Economic Model for Europe Stefan Collignon London School of Economics 10:40 Panel 1: Comparing Economic Models – The Analytical Perspective Andrew Martin, Center for European Studies, Harvard University Jørgen Goul Andersen, Professor of Economics, Politics and Public Administration,Aalborg University Zoltan Pogatsa, Assistant Professor, University of West Hungary, Sopron Juhana Vartiainen, Head of Research, National Institute for Economic Research, Stockholm 11.40 Coffee Break 12.00 Discussion with the Panel and the Audience Moderator: Jon Erik Dølvik, Research Director, Fafo Institute for Applied Social Science, Oslo. 13:00 Lunch Break (Sandwiches) 3
  • 4. 13:30 Panel 2: Creating a Decent Capitalism in Europe - The Political Perspective Sven Giegold, Member of the European Parliament, Europeangreens Emma Lennartsson, Chief Economist, Kommunal Howard Reed, Director Landman Economics Philipp Steinberg, Advisor on fiscal and economic to the SPD- board and EU-Expert Discussion with the Panel and the Audience Moderator: Daniel Lind, Chief Economist, Unionen Sweden 15:15 Closing Address Stefan Löfven, Chairman IF Metal 15:30 End of Conference 4