What are the major differences between social democracy and democratic socialism? 🔊
The major differences between social democracy and democratic socialism lie in their ideological underpinnings and approaches to economic organization. Social democracy advocates for a mixed economy where both private enterprise and government regulation coexist, promoting social welfare within a capitalist framework. It supports policies like universal healthcare, education, and labor rights while maintaining democratic governance. Conversely, democratic socialism seeks more profound systemic change, advocating for the social ownership of the means of production and extensive public control over significant sectors of the economy. While both seek equity and justice, their methodologies and ultimate goals differ significantly.
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