Category

Social democracy

Summary
Social democracy is a political, social, and economic philosophy within socialism that supports political and economic democracy. As a policy regime, it is described by academics as advocating economic and social interventions to promote social justice within the framework of a liberal-democratic polity and a capitalist-oriented mixed economy. The protocols and norms used to accomplish this involve a commitment to representative and participatory democracy, measures for income redistribution, regulation of the economy in the general interest, and social welfare provisions. Due to longstanding governance by social democratic parties during the post-war consensus and their influence on socioeconomic policy in Northern and Western Europe, social democracy became associated with Keynesianism, the Nordic model, the social-liberal paradigm, and welfare states within political circles in the late 20th century. It has been described as the most common form of Western or modern socialism, as well as the reformist wing of democratic socialism. The history of social democracy stretches back to the 19th-century labour movement. It is a left-wing political ideology that advocates for a peaceful democratic evolution from laissez-faire or crony capitalism towards social capitalism sometimes also referred to as a social market economy. Social democracy opposes the full centralization of an economy as proposed by some socialists. The main difference between social democracy and democratic socialism is that democratic socialism is a political philosophy within socialism, advocating an evolutionary and peaceful transition from capitalism to socialism, using established political processes, as opposed to the revolutionary socialist approach to transition associated with orthodox Marxism. On the other hand, social democracy seeks to improve the lives of people living within a free and democratic society, by having a well regulated market economy.
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Related concepts (3)
Egalitarianism
Egalitarianism (), or equalitarianism, is a school of thought within political philosophy that builds on the concept of social equality, prioritizing it for all people. Egalitarian doctrines are generally characterized by the idea that all humans are equal in fundamental worth or moral status. As such, all citizens of a state should be accorded equal rights and treatment under the law. Egalitarian doctrines have supported many modern social movements, including the Enlightenment, feminism, civil rights, and international human rights.
Left-wing politics
Left-wing politics describes the range of political ideologies that support and seek to achieve social equality and egalitarianism, often in opposition to social hierarchy as a whole or certain social hierarchies. Left-wing politics typically involve a concern for those in society whom its adherents perceive as disadvantaged relative to others as well as a belief that there are unjustified inequalities that need to be reduced or abolished through radical means that change the nature of the society they are implemented in.
Liberal democracy
Liberal democracy or western democracy is the combination of a liberal political philosophy that operates under a representative democratic form of government. It is characterized by elections between multiple distinct political parties, a separation of powers into different branches of government, the rule of law in everyday life as part of an open society, a market economy with private property, universal suffrage, and the equal protection of human rights, civil rights, civil liberties and political freedoms for all people.