I too live in a Social democracy. And I'd say that the GP is pretty much spot on. Social democracy, from Wikipedia, an excerpt: "The protocols and norms used

I too live in a Social democracy. And I'd say that the GP is pretty much spot on. Social democracy, from Wikipedia, an excerpt: "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." So, there you have regulation and and state-intervention. If you then consider that every Social Democracy in Europe has some sort of protectionist policy with regards to it's agricultural sector, I'd say that GP is spot on. For the European Union, the agricultural subsidies still make up about 38% of the budget. What's that, besides protectionist? (https://en.wikipedia.org/wiki/Common_Agricultural_Policy https://en.wikipedia.org/wiki/Common_Agricultural_Policy) So, there you have all three; regulation and state-intervention by definition, protectionism by fact.