There is large amounts of state control over crucial industry in Scandinavian countries, though there is no political control that comes along with it. Meaning the state very clearly is operated in the interests of capitalists because their political power was never expropriated as it was in China, where while capitalists have influence in government they do not have the political control they do in liberal democracies. Sweden and other Scandinavian countries are capitalist countries controlled by a capitalist class. This is the distinction between european social democracies vs countries like China and Vietnam where the communist party has the political power as opposed to the capitalist class.
There is large amounts of state control over crucial industry in Scandinavian countries, though there is no political control that comes along with it. Meaning the state very clearly is operated in the interests of capitalists because their political power was never expropriated as it was in China, where while capitalists have influence in government they do not have the political control they do in liberal democracies. Sweden and other Scandinavian countries are capitalist countries controlled by a capitalist class. This is the distinction between european social democracies vs countries like China and Vietnam where the communist party has the political power as opposed to the capitalist class.