It is important to remember that the Social democrats is the political wing to the LO union. It is the union that has permanent seat in the governing board of the Social democrats (Verkställande utskottet), not the other way around. It is the LO union that funds the Social democrats. It is in the union where the real power is (at least back then).
What the union wanted was to get the political wing to implement a legislation so that the union could confiscate private business. This would have been the end of Sweden's pluralistic parliamentarism. Instead an all ruling union with unelected bureaucrats with it's own political wing would have almost total control economically and eventually politically and then later socially.
Your timeline is completely messed up, jumping years back and forth, probably intentionally to confuse the reader what actually happened. Here is a real timeline with the most important dates
1973 September: Social democrats wins election
1974 : LAS Lag om anställningsskydd (Employment Protection Act)
Abandoning the spirit of Saltsjöbadsavtalet from 1938
1974 : General parental insurance
1975 August : LO union present the idea of Löntagarfonder (Employee funds)
20% of company profits should forcibly be transformed
to equity issuance and handed to the union
No limit on number of shares, i.e eventual union takeover
1975 November : Dictator of Spain Francisco Franco dies
1975 New Years: Union boss Hans Ericson vacations in Spanish Canary Islands
1976 March : Astrid Lindgren writes here famous story about high taxes
in "Pomperipossa i Monismanien"
1976 April : Ingmar Bergman leaves Sweden
1976 May : Reduction of taxes as a response to
Astrid Lindgren critique about high taxes
1976 Summer : LO union decides on supporting Löntagarfonder
1976 Autumn : Right wing opposition attacks the Löntagarfonder,
calling it "Öststatssocialism" (East State Socialism)
1976 September: Social democrats loses election to the Right wing opposition
First pure right wing government since 1936
Coup d'état as a famous social democrat called it
1978 : Pamphlet "Fritt näringsliv eller fondsocialism",
opposition from the Swedish employers' organization SAF
1979 September: Right wing wins election
1982 Februari : Revised version legislation for LAS
(note this is by the right wing government)
1982 September: Social democrats wins election
1982 October : Big Bang, massive devaluation of 16% for the Swedish Krona (SEK)
1983 October : Massive demonstrations against Löntagarfonder
1983 December : Revised and water downed version, because of the massive protests,
of Löntagarfonder implemented
5 different funds
each fund could not own more than 8% of a company (less than 50%)
1985 September: Social democrats wins election
1985 December : Swedish Centralbank (Riksbanken) decided together with the
social democratic finance minister to approve de facto
unlimited loans for commercial bank customers
1986 Februari : Prime minister Olof Palme murdered
1988 September: Social democrats wins election
(probably would have lost if Palme hadn't been murdred)
1989 November : Berlin wall falls
1990 August : Iraq invades Kuwait, increased interest rates follows
1990 October : Investment company Nyckeln cannot pay its debt
speculation on real-estate with massive loans
Begins the Banking, Housing and Financial crisis in Sweden
Banks and real-estate companies goes bankrupt
1991 September: Right wing wins election
First decision of new government is to scrap Löntagarfonder
1992 Autumn : Floating exchange rate for the Swedish Krona (SEK)
after a failed attempt to defend a fixed exchange rate
The era of politicians devaluing the currency is over
1994 September: Social democrats wins
1996 : Finanspolitiska ramverket (Fiscal policy framework)
no more overspending by politicians, end of Keynesian politics
1998 September: Social democrats wins
1999 Januari : Independent Central bank by law
No more money printing by politicians
to bribe the electorate
What does this all sum up to? That the "reform politics" of the Social democrats died in the 1980s.
The 1990s was the tough years of cleaning that mess up.Today the Social democrats is just an empty shell of its former glory. Just an empty vessel for corruption and greed without any new ideas or reforms.