this post was submitted on 04 Jan 2024
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submitted 1 year ago by [email protected] to c/[email protected]
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[–] [email protected] -4 points 1 year ago* (last edited 1 year ago) (1 children)

Capitalism with a strong safety net sounds like you're avoiding the question. The question is how to replace capitalism, not how to improve it.

How are you defining democratic socialism? Usually when I ask people to define socialism they answer with capitalism with extra undefined steps whereby the set of employees of a business is legally forced to be equal to that business's set of owners. I'm not familiar with "democratic" as a modifier to the term, though.

[–] [email protected] 3 points 1 year ago (1 children)

The right answer is most likely a mixed system, so will most likely include some form of capitalism.

Wikipedia describes what I mean pretty well.

[–] [email protected] -2 points 1 year ago

The article you linked has at least 3 different kinds of socialism that satisfy "democratic" socialism:

Democratic socialists have promoted various different models of socialism and economics, ranging from market socialism, where socially owned enterprises operate in competitive markets and are self-managed by their workforce, to non-market participatory socialism based on decentralised economic planning.[127] Democratic socialism can also be committed to a decentralised form of economic planning where productive units are integrated into a single organisation and organised based on self-management.[22]

What definition do you mean by it?