The Scandinavian countries started from a fundamentally different premise. They're not based on a socialist principle--
i.e. that property should be owned in common with the government controlling its use. They're dedicated market economies that evolved a strong social safety net. But their governments don't presuppose the right to control property and production. They impose taxes, which propertied interests can push back on. (And do--Sweden for example has abandoned its wealth tax, and its corporate taxes are competitive with those in the U.S. or U.K.)
See: https://thefederalist.com/2019/06/25/socialism-didnt-work-in...
> Sweden stood as the world’s fourth wealthiest country nearly five decades ago. Its taxes were lower than most western countries, including the United States. The economy was deregulated, and public spending was hardly above 10 percent gross domestic product (GDP).
> The 30-year experiment “was a brief interlude of failure,” Norberg said. To reform and save its economy, Sweden reverted back to its capitalist structure. It reduced public spending by a third, demolished taxes on property and inheritance, and reduced taxes in other areas. Defined benefits were cut and only defined contributions were permitted.