The World’s Most Surprising Capitalist Makeover Is Under Way in Sweden
For decades, Sweden was shorthand for the brand of high-tax, high-spend government that managed people’s lives from cradle to grave through state-run hospitals, schools and care homes.
No longer. With little fanfare, this Nordic country of 11 million has embraced capitalism.
Today, nearly half of primary healthcare clinics are privately owned, many by private-equity firms.
One in three public high schools is privately run, up from 20% in 2011. School operators are listed on the stock exchange.
Wall Street Journal 11 May 2026

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