Sustainable Swedish Banking and Why You Shouldn’t Maximize Profit

sustainable banking in SwedenEpisode 2:

Raise your hand if you like your bank! Like I thought, you don’t, if you’re like most people. But they’re a necessary evil, right?

Well, maybe, but there are some “new” banks that have been gaining in popularity in recent years. “New” is in paranthesis because these banks are actually like old, traditional banks. You know the kind of bank that holds your money, gives you a loan, and cares about society.

Today, on From Sweden, we’re joined by Kristoffer Lüthi ,the deputy managing director of the sustainable Swedish bank Ekobanken.

Sustainable banks are also called ethical banks or green banks. Ekobanken has been growing since the day it opened, and I wanted to talk to Kristoffer about what a sustainable bank offers customers that the mainstreams bank don’t.  

“We need to make a profit, but not maximize it,” he said.

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Why You Should Be Jealous of Maternity Leave and Paternity Leave in Sweden



Episode 3:

Sweden is recognized around the world for having the best maternity leave and paternity leave. But is it true?

Does Sweden’s maternity leave and paternity leave policies work for everyone? Aren’t there any downsides to the system?

Often when I tell American friends and family about the amount of paternity leave I took with my kids they wonder how the system works. How do businesses afford having mothers away on maternity leave in Sweden for so long? Don’t they lose money? Who pays for it?

My wife and I have enjoyed Sweden’s generous maternity leave and paternity leave. I’m totally biased on this question. I believe the amount of money the society “loses” paying for maternity leave and paternity leave comes back tenfold later in life. While it’s hard to find evidence for it, I think Sweden’s generous parental leave policies bring parents and children closer together. I think in the long run it probably saves society all sorts of money.

I know the United States sticks out in the Western World for having the worst maternity leave and paternity leave. As far as I understand, it practically doesn’t even exist. I think that’s ridiculous. But it feels like things are beginning to change there.

In this episode 3, I sat down with Ann-Zofie Duvander. She is an Associate professor of Sociology and Demography at Stockholm University. Her research interests include family policy as well as the family and work-connection. She is an expert on maternity leave and paternity leave policies in Sweden, with a special focus on leave taken by fathers.

 

Listen to it on iTunes.
Listen on Stitcher.
Stream here.
Download as an MP3 by right-clicking here and selecting “save as.”