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Economic progressivism—also New Progressive Economics [44] —is a term used to distinguish it from progressivism in cultural fields. Economic progressives may draw from a variety of economic traditions, including democratic capitalism, democratic socialism, social democracy, and social liberalism.
In the 2016 Democratic Party primaries, progressive presidential candidate Bernie Sanders raised the issue of a single-payer healthcare system, citing his belief that millions of Americans are still paying too much for health insurance and arguing that millions more do not receive the care they need. [79]
Progressives also advocated for compulsory sterilization of those deemed "unfit". Progressives in the early-20th century raised first-wave feminism and women's suffrage into the mainstream, guaranteeing universal suffrage to all women through the ratification of the Nineteenth Amendment. [31] [32]
The party favors a mixed economy [17] and generally supports a progressive tax system, higher minimum wages, Social Security, universal health care, public education, and subsidized housing. [9] It also supports infrastructure development and clean energy investments to achieve economic development and job creation.
Modern liberalism in the United States began during the Progressive Era with President Theodore Roosevelt (a Republican) and his Square Deal and New Nationalism policies, with center-left ideas increasingly leaning toward the political philosophy of social liberalism, or better known in the United States as modern liberalism.
The progressives were avid modernizers, with a belief in science and technology as the grand solution to society's flaws. They looked to education as the key to bridging the gap between their present wasteful society and technologically enlightened future society.
In political science, a political ideology is a certain set of ethical ideals, principles, doctrines, myths or symbols of a social movement, institution, class or large group that explains how society should work and offers some political and cultural blueprint for a certain social order.
Progressive economics—also known as New Progressive Economics [6] —made a comeback in the United States to the forefront public discourse after the Great Recession of the late 2000s. Popular dissatisfaction with government policies favouring big business and the bailout of banks led to the emergence of the Occupy Wall Street movement.