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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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