Herd immunity is irrelevant
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Questioning the merits of herd immunity is, in itself, a misnomer
In the absence of a vaccine, the only chance we have of trumping this virus is by achieving herd immunity.
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The Argument
Here's what a lot of us don't really want to hear: the truth of the matter is that it's not just Sweden who are trying to achieve herd immunity. Sweden is the only country who is trying to ostensibly achieve herd immunity.
There is a distinction. All of these lockdown measures are just a slow-burn approach to herd immunity, without any government saying it outright.
In the absence of a vaccine, the only chance we have of trumping this virus is by achieving herd immunity. Sweden will obviously reach herd immunity faster given its lack of lockdown. But the rest of the world is heading for periodic lockdowns and there is no vaccine available. In practice, this means the rest of the world is also doing its best to achieve herd immunity, just in slow motion. Without a vaccine, all we have is herd immunity. Or else it is the end of life as we have known it.