Date of Birth: 
Place of Birth: Holmsund, Västerbotten County, Sweden
About Kjell-Olof Feldt
- Kjell-Olof Feldt (born 18 August 1931) is a Swedish Social Democratic politician.
- Feldt was Minister of Trade 1970–1975, and assistant Minister of Finance 1975–1976.
- 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 Olof Palme.
- He was seen as a part of Kanslihushögern during his time in office. In a Playboy Scandinavia 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 progressive tax 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 injustices.
- It took me at least a decade to get a part of the party to see this."In the late 1980s Feldt and was heavily criticised from within his own party: he and others at the Ministry of Finance Sw.
- "kanslihushögern" were perceived to be promoting right-wing politics 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 Ingvar Carlsson 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 2000s, Feldt has heavily criticised Social Democratic economic policy, both past and present. 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 working-class family, Kjell-Olof managed to gain admission to Uppsala University where he received a Politices Magister (MA in political science) degree in 1956.
- He received a Licentiate degree at Lund University in 1967.
- Since 1970, he has been married to Birgitta von Otter.
- On 31 May 1991 he received an honorary doctorate from the Faculty of Social Sciences at Uppsala University.
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