In 1938 the Swedish trade unions (Landsorganisationen) and the SAF, the 
Swedish equivalent of the Chamber of Commerce (Svenska 
arbetsgivareföreningen), signed an accord at Saltsjöbaden that would 
define the parameters of class peace for the next forty years. Under 
successive Social Democratic (SAP) governments, the system became known 
as “socialism” even though it was really a welfare state and nothing 
more. One of the more unfortunate aspects of the Bernie Sanders campaign 
is that it keeps this myth alive even though measured by the standards 
of the 1938 agreement Sweden has not been “socialist” for more than 25 
years.

full: 
http://louisproyect.org/2015/11/10/how-swedish-social-democracy-became-neoliberal/
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