Political career Feldt served as an amanuensis at the
Ministry of Finance in 1957. He was secretary of the 1957 Pensions Committee (
1957 års pensionskommitté) from 1957 to 1959, the Indexation Committee (
värdesäkringskommitté) from 1959 to 1964, and the Government Loan Guarantee Board (
garantilånenämnden) from 1960 to 1964. In the late 1980s, Feldt was heavily criticised from within his own party: he and others at the Ministry of Finance
"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 remained 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.
Other work He was also editor of the
Tiden magazine from 1962 to 1964. In addition, he served as a member of the First Board of the AP Fund (
AP-fondens 1:a styrelse) from 1965 to 1967, the
National Swedish Collective Bargaining Office from 1967 to 1970, and the
Swedish Administration Development Agency from 1965 to 1967. He was chairman of the Board of Governors of the
Sveriges Riksbank (
Riksbanksfullmäktige) from 1967 to 1970 and a
member of parliament for the
Swedish Social Democratic Party from 1971 to 1990.
Later career After his parliamentary career, he held a number of board and chairmanship positions. He was chairman of
SJ AB from 1990 to 1992 and of
Vin & Sprit AB from 1991 to 1993, and a board member of
Nordbanken from 1991 to 1994. He also served as chairman of Hälsoinvest from 1990 to 1995 and of Skånebrännerier AB from 1996 to 1998. From 1992 onward he was involved with the and the Hjärnfonden Foundation. He was chairman of the Noaks Ark – Red Cross Foundation (
Stiftelsen Noaks Ark - Röda Korset) from 1993 to 1999 and a member of the Board of Governors of the Sveriges Riksbank from 1994 to 1998. In addition, he served on the boards of from 1997, the Spirits and Wine Suppliers' Association (
Sprit- och Vinleverantörsföreningen) from 1998, Pensionsforum from 1998, and
Sandrew-Metronome AB from 1998. ==Honours==