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Social democracies are pretty much capitalist economies with better social safety nets and somewhat higher taxes than the US -- and you can't get a better safet
by twblalock 8y ago
Social democracies are pretty much capitalist economies with better social safety nets and somewhat higher taxes than the US -- and you can't get a better safety net without increasing taxes to pay for it.
Despite the word "socialism", most socialist and social-democratic political parties in Europe are not trying to replace the market economy with socialized ownership of the means of production.