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What are the 4 main ideas/features of social democracy?
Liberal democratic principlesÂ
EgalitarianismÂ
Government ownership of key industries
Promotion of extensive welfare state
How is equality understood in social democratic ideology?
Social democrats see the government as an important actor for implementing equalityÂ
What are economic rights?
the right to housing, education, health, and employment
What is economic democracy?
The shift in ownership and decision-making power from corporate shareholders and corporate managers to a larger group of public stakeholders
What are the similarities and differences between Social Democracy, Marxism, and Liberal Democracy?
Social Democracy-Combines elements of liberal democracy and Marxism- EGALITARIANISM
-different: government ownership of key industries
Liberal Democracy- limit on capitalism, economic rights of working class
different- accept the need for government
Marxism- No government, egalitarian classless society, dialectical change (transition between socio-economic status)
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