Finnish clearcutting is driven by a historically consolidated political economy that includes the large paper and pulp companies, energywood users, and state and regional forestry expert organizations. The Finnish case highlights how boreal forest clearcutting is a key issue that receives less global attention than tropical forest deforestation. Historically, clearcutting was a story of economic growth, framed as a national success story of boosting national welfare in the aftermath of the Second World War (WWII). This approach to forestry management was a top-down model, which severed the traditional relations Finns had to forests. Since WWII, clearcutting has become an institution that is supported and protected by both industry and the Finnish state. This reflects the persistent hegemonic situation, although the role and importance of the forest industry has declined in society and economy. Even though the forestry industry is losing ground, it is still important in the cultural mindset of several forestholders. This chapter explains the crucial role played by a hegemonic and dominant system, which includes corporations, key state actors, and many private forestholders.