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Preferred term

social democracy  

Definition

  • SOCIAL DEMOCRACY IS THE name of an international political movement that advocates a strong, stable, and just democratic society, to be achieved by regulation and management of the capitalist economy. Social democracy is a variant of socialism, and as such the ideas behind it can be traced back to 18th-century Enlightenment critiques of private property, the early 19th-century models of reform capitalism (for example, Robert Owen, Charles Fourier, P.J. Proudhon, Henri St. [Source: Encyclopedia of World Poverty; Social Democracy]

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https://concepts.sagepub.com/social-science/concept/social_democracy

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