What does "democratic socialism" advocate for in terms of economics and politics? 🔊
Democratic socialism advocates for a political and economic system that seeks to balance democratic governance with social ownership of production. It aims to provide universal access to essential services such as healthcare, education, and social welfare while ensuring individual freedoms. This ideology supports the idea that economic resources should be distributed equitably, reducing wealth disparities. It contrasts with traditional socialism by emphasizing democratic processes, favoring reforms over revolutionary changes, and allowing for democratic participation in governance and economic decision-making.
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