Swedish Model from the outside

For many decades the Swedish Model was a real-life Utopia for people all over the world. A country with a Social Democratic government that worked, a nation combining high rates of economic growth with unprecedented levels of equality. The best of two worlds so to speak. But it all came crashing down in the mid 1990’s with high unemployment and both finance and economy crisis. Since then the Swedish Model is often more ridiculed than admired.

So I guess it has to be a foreigner to point of that the Swedish Model was good in some areas. Michael writes:

This is something that admirers of the "Swedish Model" often neglect, but Sweden’s commitment to free trade was what actually made it rich, and what made its industrial companies so good.

Very true. Sweden wouldn’t be a rich and industrialised country without the Swedish Model and free trade. Gunnar and Alva Myrdal were really on to something back in the 1930’s.