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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 ...
Socialist democracy is a political system that aligns with principles of both socialism and democracy. It includes ideologies such as council communism, democratic socialism, social democracy, and soviet democracy, as well as Marxist democracy like the dictatorship of the proletariat. It was embodied in the Soviet system (1922–1991). [1]
The Leninist definition of a socialist state is a state representing the interests of the working class which presides over a state capitalist economy structured upon state-directed accumulation of capital with the goal of building up the country's productive forces and promoting worldwide socialist revolution, while the realization of a ...
The term market socialism has also been applied to planned economic systems that try to organize themselves partially along market-lines while retaining centralized state ownership of capital. Examples of market socialism include economic democracy, the Lange model, liberal socialism, market-oriented left-libertarianism, mutualism the New ...
State socialism can be used to classify any variety of socialist philosophies that advocates the ownership of the means of production by the state apparatus, either as a transitional stage between capitalism and socialism, or as an end-goal in itself. Typically, it refers to a form of technocratic management, whereby technical specialists ...
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]
Socialism – range of economic and social systems characterised by social ownership of the means of production and workers' self-management [10] as well as the political theories and movements associated with them.
[94] [96] Iran Party, another political party that supported both socialism and liberalism, founded by mostly of European-educated technocrats, it advocated "a diluted form of French socialism" [97] (i.e. it "modeled itself on" the moderate Socialist Party of France) [98] and promoted social democracy [99] and liberal nationalism. [100]