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"Social Democracy" is typically used as shorthand for "Social Market Economy". Which itself is obviously slightly fuzzy, technically speaking, but again is shor
by toyg 4y ago
"Social Democracy" is typically used as shorthand for "Social Market Economy". Which itself is obviously slightly fuzzy, technically speaking, but again is shorthand for "a mixed system where the State has a significant and proactive role redistributing wealth and identifying priorities, asserting primacy over pure market forces". How that is implemented can vary.