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on 16 February. Feldt had been in favour of a more conservative economic policy in response to the crisis, and when his ideas met resistance, he decided to leave his office. Feldt subsequently left party politics, though he remains a member of the Social
Democratic Party. During the 1990s and early
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system with high marginal taxes. This was supposed to bring about a just and equal society. But I eventually came to the opinion that it simply didn't work out that way he concluded. Progressive taxes created instead a society of wranglers, cheaters, peculiar manipulations, false ambitions and new
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and to be failing to live up to the traditional ideals of the social democrats. When economic problems mounted in 1990, the rift was highlighted, and Feldt left office after a fall-out with Prime
Minister
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interview, Feldt reminisced upon his own legacy within the Social
Democratic Party, "The negative inheritance I received from my predecessor Gunnar Sträng (minister of finance 1955–1976) was a strongly
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Feldt was the son of a single mother, Irma, née
Jonsson, who had to send young Kjell-Olof to live with his grandfather's sister because of his father's alcoholic problems. Though he came from a
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in 1982. The Social
Democrats lost power in the 1976 elections, but, after having won the elections of 1982, Feldt was appointed minister of finance by prime minister
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where he received a
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In the late 1980s, Feldt and was heavily criticised from within his own party: he and others at the
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2000s, Feldt has heavily criticised Social
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injustices. It took me at least a decade to get a part of the party to see this."
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Sjöberg, T. (1999). Intervjun: Kjell-Olof Feldt ." Playboy
Skandinavia(5): 37-44.
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from the
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between 1983 and 1990. Previously, Feldt was assistant
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Feldt at the Hedengrens bookstore in Stockholm in 2016
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