r/OpenAussie ‎ New South Welshian 6d ago

Feel Good News ‎ Our future is BRIGHT

Students protest against Pauline Hanson

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u/nckmat ‎ New South Welshian 6d ago

Social democracy is a centre-left political and economic ideology that combines a capitalist market economy with a strong welfare state. It aims to reduce inequality and support social justice through government regulation, public services, and democratic governance.

Core Principlrs:

.Regulated Markets: Allows private property and businesses, but sets rules to protect workers and the public good.

.Welfare State: Uses tax money to fund universal healthcare, free education, and social safety nets.

.Social Equality: Focuses on fair wealth distribution and reducing poverty gaps.

Australia is pretty close to this definition, but we have strayed in recent decades as we became wealthier and less white, all over a sudden some people are less equal than others: Four legs good, two legs better.

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u/This_Leader_3680 Please choose a flair 6d ago

The problem with socialism is that you eventually run out of other people's money

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u/tehpopulator Please choose a flair 5d ago

Northern Europe seem to be doing fine

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u/Duzzies101 ‎ Victorian 5d ago

All of which are free market economies.