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Democratic socialism is a left-wing [1] economic and political philosophy that supports political democracy and some form of a socially owned economy, [2] with a particular emphasis on economic democracy, workplace democracy, and workers' self-management [3] within a market socialist, decentralised planned, or democratic centrally planned ...
At first, the new Nazi government continued the economic policies introduced by the government of Kurt von Schleicher in 1932 to combat the effects of the Depression. [21] Hitler appointed Hjalmar Schacht, a former member of the German Democratic Party, as President of the Reichsbank in 1933 and Minister of Economics in 1934. [20]
For actually existing liberal democracy is, in substantial part, a product of socialist (social democratic) forces". [202] Social democracy is a socialist tradition of political thought. [203] [204] Many social democrats refer to themselves as socialists or democratic socialists and some such as Tony Blair employ these terms interchangeably.
Democratic socialism is a broad political movement that seeks to propagate the ideals of socialism within the context of a democratic system, as was done by Western social democrats, who popularized democratic socialism as a label to criticize the perceived authoritarian or non-democratic socialist development in the East, during the 19th and ...
Nazism rejected the Marxist concepts of class conflict and universal equality, opposed cosmopolitan internationalism, and sought to convince all parts of the new German society to subordinate their personal interests to the "common good", accepting political interests as the main priority of economic organisation, [12] which tended to match the ...
In political science, democratic socialism and social democracy are sometimes seen as synonyms, [25] while they are distinguished in journalistic use. [26] Under this democratic socialist definition, [nb 1] social democracy is an ideology seeking to gradually build an alternative socialist economy through the institutions of liberal democracy. [23]
The proportion of military spending in the German economy began growing rapidly after 1942 as the Nazi government was forced to dedicate more and more of the country's economic resources to fighting a losing war, therefore civilian factories were converted to military use and placed under military administration. By late 1944, almost the entire ...
The other side of socialism is a more democratic socialism from below. [1] The idea of socialism from above is much more frequently discussed in elite circles than socialism from below—even if that is the Marxist ideal—because it is more practical. [16] Draper viewed socialism from below as being the purer, more Marxist version of socialism ...