It might only be limited, just as the effectiveness of the Swiss Army would surely be very limited in case of a real war.

Conscription, which seems to be popular on the Continent, is one of the things the UK finds incomprehensible about Europe. But I'm beginning to suspect it plays a useful role in building a coherent national identity.

Of course it could easily become more overtly fascist and militaristic. But when you have a pacifist country with conscription - no one expects the Swiss to invade anyone - there have to be some social effects.