It's subtly different I'd say but I think it belongs to the same trend, yeah. In Scandinavia the social democracy is still pretty strong; I think the Social Democrats are the biggest party in all three countries now (on paper) which hasn't been the case for a long time, but they're also weaker than they've been for a very long time in at least Sweden, which is the only country I feel comfortable speaking about. It took a long time for them to find a way to form a government after the last election, and their solution - to pull centre and form a coalition with the Centrist Party - has not been received well in either camp.
This cooperation also led to the recent crisis of government, where Vänsterpartiet (The Leftist Party) seeked a vote of no confidence against the Prime Minister after he attempted to introduce the Centrist Party's proposal about deregulating marketing rents (which in a nutshell would have allowed landlords to amp up the rents at their own discretion), which was one of the compromises the Social Democrats had to make in order to get the centrists on board after the last election. Curiously, very few of the Centrist Party's voters wanted the proposal about marketing rents to go through. It was an issue created by lobbyists leaning on the party.
Aside from a very notable rise in support for the Swedish Democrats - the Swedish right-wing extremist party - we haven't had any major political waves yet though, and I think part of the reason is that we haven't had the staggering inequality that led to the crisis in Greece and the loss of faith in PASOK, for instance, or the current state in France. However there's still enough discontent over the way key political issues have been handled such as the climate, immigration, rising economic inequality, etc to make people very frustrated... Virtually all the issues that are plaguing neoliberalism at large, basically, only we've had a better social security net than most countries to help us deal with them. This has also shown during the pandemic I reckon. Even though many from the working class (as always) have suffered badly we've come out of it strongly relative to most of the world.
