The development of the conceptof public debt also allowed cities and nations to finance their commercial expansion and to develop trade, magnifying the need for competitive financial services.
The finance minister said his department already tries to build in the conceptof what social good can be extracted from money going into contracts, and that there was no room for complacency in procurement.
As the presidential election illustrates, the concept has quickly spread from areas like retail and finance to just about every field of business you can imagine.
The reality is that for at least 100 years, and probably more, market forces have tried to push traditional banks out of existence owing to the simple truth that finance is a very broad concept.
The concept is something like a management buy out, and the Swedish government may provide some of the funding to finance Saab's breakaway from General Motors.