Should America Be Doing Things the ‘Swedish Way’?

Sweden has traditionally been portrayed in the US political debate as the epitome of democratic socialism: a country where the benevolent hand of government has managed to create a sustainable and generous welfare state funded by a progressive taxation system in which high-income earners pay their fair share; a country where the government provides basic services for all at a lower cost and higher quality than the private sector; a country where the greed of businesses is subordinated to the interests of workers and society as a whole.

Does this caricature have anything to do with the reality of the Nordic country?