No. Since about 1935 Sweden has had a capitalist economy governed by social democratic policies, including with high, redistributive income tax rates and general welfare benefits (even when under conservative governments). After 1935, a collective bargaining scheme was set up which gave both unions and businesses representation and a forum to mediate disputes. This form of class collaboration was intended to stave off socialist ideas of abolishing capitalism for a socialist economic system. The majority of industries in Sweden are privately-owned, with very few collectively-owned and publicly-owned firms.
The Swedish economic model, which has been similar to other Scandinavian countries and therefore are called the "Scandinavian model" or "Nordic model", has the goal of creating a welfare state, not a state based on collective ownership.
Large private-owned companies from Sweden is i.e. IKEA, H&M and Ericsson. The existence of large privately-owned companies is not compatible with the definition of socialism.
Ilmar Reepalu (Socialist Party)
Cuba is the perfect example of a Communist/ Socialist country in the Caribbean.
No. Sweden is a country.
By most means; yes.
Sweden is a country in Europe, its capital city is Stockholm.
Revolutionary Socialist Party - Sweden - was created in 1945.
Socialist Workers' Party of Sweden was created in 1985.
Left Socialist Party - Sweden - was created in 1940.
National Socialist Workers' Party - Sweden - was created in 1933.
Socialist Workers' Party of Finland ended in 1923.
National Socialist People's Party of Sweden was created in 1926.
Neither: it is capitalist.
Ilmar Reepalu (Socialist Party)
There are no socialist countries in Europe.
Uh...Sweden IS a country..
While there is no country that is purely socialist, there are several that come very close. Sweden is probably the best example of a socialist country in the world.
No.