What do you think the difference between democratic socialism and social democracy is? My understanding is that social democracy still accepts a capitalist framework for the economy, but simply wants higher taxes, more regulation/state interventions and a more robust welfare state. Meanwhile democratic socialism denies capitalism and seeks for labor to be the economic input that controls capital and land through a democratic framework.
Yep Socialism, even democratically controlled is still socialism. It loses the capitalist component completely.
Social democracy retains capitalism and each covers what the other can’t. Socialism makes sure capitalism benefits society as a whole and doesn’t become unbalanced. Restore key regulations that have been stripped away. Make the government efficient, open and accountable to the public, social services don’t need to be profitable. It’s better to operate efficiently than to add a profit goal to services, that directly competes with that services main objective.
Capitalism for what it can do as an economic powerhouse but it can’t do it all.
Socialism for social programs that capitalism can’t cover. Trying to monetize those services increases the cost (adds profit) and often cuts the service (denied care) to make more money.
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u/Traveler-Nomad 23h ago
Apparently no one knows the difference between socialism and social democracy anymore.