Yep, it has nothing to do with being the world leader in money laundering and a tax have lmao. This part of their wiki article is gold:

> The country ranks as one of the least corrupt countries in the world, while its banking sector is rated as "one of the most corrupt in the world"

It's like saying Norway is prosperous because they eat a lot of fish, no, they're prosperous because they sit on a shit ton of oil. The Swiss case is much more complex than "direct democracy"