Sweden's model of capitalism rests on a unique social contract, in which social welfare priorities can co-exist within a vibrant capitalist system. In 2022, however, contemporary pressures were growing on the traditional Swedish model, including mounting calls for privatization of the welfare system and political backlash surrounding the country's immigration policy. This case examines the long-term sustainability of the Swedish model, and the extent to which it is (or is not) transferrable to other political contexts and nation states.