Swedish business guru: Good times ahead

Kjell Nordtröm, the Swedish business affairs philosopher, is bullish on capitalism. He says the financial crisis of the past few years will be seen historically as a necessary course correction, after which successful businesses will reorient their product lines to capitalize on three global developments: the continued rise of women, reduction in family size and urbanization. Nordström told Norway’s Dagens Næringsliv that a reborn finance sector will better serve the economy: “I’m not sure Lehmann Sisters would have run their bank the way the Brothers did.”