By that reason my nation the Swedes should be as rich as the Swiss, or more, since we have minerals and export a lot of wood. Sweden too has been neutral for hundreds of years. The demographics (of native Swedes) are similar in intelligence, a highly inheritable trait, as the Swiss, so that is not the differentiation.

But instead Sweden chose the way of high tax on high income, high capital gains tax (which is zero in Switzerland), and a big “public sector” in order to make a large section of the people dependent on the state. The effect is fewer rich people who can invest in new companies, and more investment done via the state, which is inherently less efficient