democratic socialism

Definitions

A political philosophy that advocates for a democratic political system alongside a socially owned or regulated economy.

A form of socialism that rejects authoritarianism and seeks to achieve social and economic equality through democratic processes.

Examples

Many supporters of democratic socialism advocate for a robust social safety net alongside a market economy.

The political debate often centers on whether democratic socialism can effectively balance individual liberty with collective economic security.

Synonyms

social democracy democratic leftism egalitarian socialism reformist socialism

Antonyms

laissez-faire capitalism authoritarianism free-market libertarianism unregulated capitalism