Social democracy
Political ideology within the socialist movement
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Social democracy is a political, social, and economic philosophy within socialism that supports political and economic democracy and supports a gradualist, reformist and democratic approach towards achieving socialism. In practice, Social democracy takes the form of socially managed welfare capitalism, and emphasizes economic interventionism, partial public ownership, a robust welfare state, policies promoting social equality, and a more equitable distribution of income.
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![]() Romanian PM Ciolacu seeks economic portfolio at the European Commission Credit: euronews (in English) Duration: 02:37Published | |
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