General Discussion
In reply to the discussion: Newspapers are owned by the wealthy and powerful and you think they will allow an opposing view of capitalism? [View all]vanessa_ca
(947 posts)Piqued my interest because I never gave it any thought before. Love DU for that.
Google gave me a good start point which sounds good, but would you guys agree with their summary before they lead my off track?
Democratic socialism and social democracy are related political ideologies that advocate for a more equitable society, but they differ in their approaches to achieving that goal. Democratic socialism seeks to transform the capitalist economy towards socialism through democratic means, often involving collective ownership of key industries, according to Wikipedia. Social democracy, on the other hand, aims to create a more just society within a capitalist framework, primarily through a strong welfare state and regulations to mitigate capitalism's negative effects, says Wikipedia.