For most people, Sweden has an egalitarian mystique that is best 
sustained by knowing as little as possible about the nation’s economy. 
Furthermore, using the term “socialism” to describe Sweden is an 
exercise that works best when you know as little about the political 
economy of capitalism, especially as explained in the writings of Karl Marx.

To start with, there is a ruling class in Sweden. As Lennart Bernston 
pointed out in a chapter titled “The State and Parliamentarianism in 
Sweden” in a 1979 collection edited by John Fry and titled “Limits of 
the Welfare State: Critical Views on post-WWII Sweden”, about 100 large 
companies account for more than a half of industrial production and 
sixty of those are owned by 15 families, which in turn are clustered 
around 3 banks—at the top of which sits the Wallenberg’s Stockholms 
Enskilda Bank referenced below. It is a sad commentary on radical 
analysis of Sweden, at least in English-language volumes and articles, 
that no other book except Fry’s could be located in the Columbia 
University library.

full: http://louisproyect.org/2015/09/03/who-rules-sweden/
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