Government wealth can weaken private effort

Photo; pexels.com (Ruslan Burlaka)
Photo; pexels.com (Ruslan Burlaka)

24 January 2025 13:26

Government wealth can weaken private effort

Gunnar S. Eskeland: Martin Bech Holte believes that the oil wealth has weakened our interest in creative owners who put capital and ability to change at their disposal at their own risk. It is a debate we should certainly have.

One aspect seems to have escaped attention: Holte, who also has experience from Sweden, warns that Norway is now – with increased and new taxes and angry language – driving owner families and young entrepreneurs away or to more convenient pursuits, Gunnar S. Eskeland writes.

His feature article Statlig rikdom kan svekke privat innsats (in Norwegian) was published in Dagens Næringsliv on 16 January, 2025.