The 1991, Swedish upper secondary school reform presents internationally an unusual case of the far-reaching integration of academic and vocational programmes. It has often been claimed that late tracking, such as characterizes this reform, helps to reduce inequalities between different social classes. This article addresses the question of how the government motivated and argued for a unified upper secondary school. The article finds that, contrary to expectations, an economic goal was prominent in the policy documents, and that the reform in question (postponed tracking) was not motivated primarily from an equality perspective. The article also indicates that there is a potential conflict between these two goals that has not been dealt with politically.