The Wallenbergs

Home page » The Wallenbergs

PHJ No 3 (35) 2022 – A. B. Gekht. Under the scrutiny of criticism: financial and industrial group of the Wallenberg family and public sentiment in Sweden in the 1960s

This article is devoted to the consideration of the diverse public rhetoric in the 1960s towards Sweden’s largest financial and industrial group controlled by the Wallenberg family. A discussion about the nature of Wallenberg’s activities outside the kingdom, primarily in the developing countries of Latin America and Africa, became especially noticeable. Among the consequences of the harsh criticism of the Wallenbergs was the subsequent strengthening of government regulatory measures in the Swedish economy in the late 1960s, which affected the financial sector, which was so important for the financial and industrial group under their control.