Socialism refers to collective ownership of the means of production. Social democracy refers to a capitalist market economy supplemented by welfare programs, labor protections, and public services. The two terms are not interchangeable despite frequent misuse on the internet. You are describing and advocating for social democracy not socialism.
Socialism refers to collective ownership of the means of production. Social democracy refers to a capitalist market economy supplemented by welfare programs, labor protections, and public services. The two terms are not interchangeable despite frequent misuse on the internet. You are describing and advocating for social democracy not socialism.