Why Sweden Embraced Capitalism

The Journal.

Sweden, once considered by many as the standard bearer of high-tax and high-spend government, has embraced capitalism. WSJ’s Tom Fairless reports on how the Nordic country privatized large swaths of its healthcare and school systems, promoted business and shrank the state. Ryan Knutson hosts.  


Further Listening:


- Germany’s Economy Is Spiraling. Can War Fix It?

- China's Cheap Goods Are Europe's Problem Now

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Learn more about your ad choices. Visit megaphone.fm/adchoices

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Sweden, once considered by many as the standard bearer of high-tax and high-spend government, has embraced capitalism. WSJ’s Tom Fairless reports on how the Nordic country privatized large swaths of its healthcare and school systems, promoted business and shrank the state. Ryan Knutson hosts.  


Further Listening:


- Germany’s Economy Is Spiraling. Can War Fix It?

- China's Cheap Goods Are Europe's Problem Now

Sign up for WSJ’s free What’s News newsletter.

Learn more about your ad choices. Visit megaphone.fm/adchoices

2026-06-08 19 min
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