The nordic model is not sustainable, and the same thing is currently happening to it (privatization and gutting) as happened to the US after FDR’s new deal.
Not to mention the fact that welfare in these nordic states are mostly funded off the backs of workers in the global south, as taxes on imports from products produced by those poorly paid southern labor. Take a look at where most of the factories for H&M or Ikea are located for example.
As long as we leave capitalists in power, this exploitation will only continue to increase.