Social democracy

Form of democracy focused on economic and social justice

Social democracy is a political, social and economic philosophy that supports economic and social interventions to promote social justice within the framework of a liberal democratic polity and a capitalist mixed economy. The protocols and norms used to accomplish this involve a commitment to representative and participatory democracy, measures for income redistribution and regulation of the economy in the general interest and welfare state provisions. In this way, social democracy aims to create the conditions for capitalism to lead to greater democratic, egalitarian and solidaristic outcomes. Due to longstanding governance by social democratic parties during the post-war consensus and their influence on socioeconomic policy in the Nordic countries, social democracy has become associated in policy circles with the Nordic model in the latter part of the 20th century.

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Romania's Social Democrat (PSD) coalition government survived a parliamentary no-confidence vote on Tuesday, strengthening Prime Minister Viorica Dancila's..
Credit: Reuters - Published 1 week ago

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