practice a well-regulated form of capitalism, with a strong safety net. Democratic Socialists and Social Democrats are NOT the same thing.
You are making the same mistake Bernie, AOC, and some others make.
From the site of the Democratic Socialists of America:
https://www.dsausa.org/about-us/what-is-democratic-socialism/
Today, corporate executives who answer only to themselves and a few wealthy stockholders make basic economic decisions affecting millions of people. Resources are used to make money for capitalists rather than to meet human needs. We believe that the workers and consumers who are affected by economic institutions should own and control them.
Social ownership could take many forms, such as worker-owned cooperatives or publicly owned enterprises managed by workers and consumer representatives. Democratic socialists favor as much decentralization as possible. While the large concentrations of capital in industries such as energy and steel may necessitate some form of state ownership, many consumer-goods industries might be best run as cooperatives.
https://jacobinmag.com/2018/08/democratic-socialism-social-democracy-nordic-countries
The Nordic countries — Finland, Norway, and Sweden — are social democracies. They have constitutional representative democracies, extensive welfare benefits, corporatist collective bargaining between labor and capital that is managed by the state, and some state ownership of the economy. These institutions would be much preferable relative to the ones in our neoliberal wasteland.
Yet even if labor is given a greater voice both at the workplace and in the management of the economy, capitalist control persists over the large majority of workplaces.
In social democracies, public ownership of the main productive assets is limited in comparison to what it could be. Consider the strongest case, Norway. Bruenig emphasizes its public ownership by pointing out that the state owns seventy-four companies. This is no small matter: the state-owned enterprises (SOEs) in Norway account for nearly 60 percent of GDP. The majority is made up by Equinor, the state-owned oil company, which accounts for about 60 percent of the state’s shareholding (the state owns about 67 percent of its shares). In total, the SOEs, including the oil company, employ about 280,000 workers.
But absolute numbers are always deceptive out of their context. There are about 2.8 million total employed workers in Norway. Just 10 percent of the employed workforce work in these state-owned enterprises. The public sector in general employs about 30 percent of the workforce, the highest proportion in the capitalist world.
SNIP
= new reply since forum marked as read