A-Z Popular New Society Search »
Economic Systems
 
Central Planning

Cold War

Economic Institutions

Human Development

Market Socialism

Capitalism

Communism

13 Characteristics of Democratic Socialism

 ,
Democratic socialism is pragmatic advocacy for the working class and poor in a democratic society with competition between political ideologies. In theory, democratic socialism could include a fully socialist society. In practice, democratic socialism is crafted to appeal to voters such that it is far gentler than full socialism. The following are the real world characteristics of democratic socialism.

Quality of Life

Socialism is concerned with the interests of labor and may view the poor in an unfavorable light as lumpenproletariat. Democratic socialism tends to be more sympathetic to the poor with the view that a rich society should automatically provide a minimum quality of life to all. However, in some cases democratic socialists remain heavily aligned to unions and the interests of organized labor.

Dominance

All developed nations can currently be described as somewhat democratic socialist whereby they can't be described as purely capitalist because they use taxation and regulations to achieve social aims such as reduction of poverty and pollution. Where true socialism has never successfully lead to a fully developed nation, the pragmatic tact of democratic socialism has influenced all developed nations.

Capitalism

Democratic socialist societies are based on a capitalist model of value creation. Socialist models such as public firms exist at the periphery of democratic socialist economies whereby they create some value in an economy that is overwhelmingly capitalist.

Taxation

Democratic socialists advocate high taxes that are progressive such that the upper class pay more in principle. In practice, the rich may have the means to escape heavy taxation with aggressive tax structures and strategies. In this case, a heavy tax burden may be placed on the middle class and working class.

Adversarial System

Democratic socialists tend to have an antagonistic relationship with large capitalist firms. This is perhaps healthy as the government can serve to moderate the excesses of large corporations.

Regulations

Regulations that seek to reduce economic bads such as pollution or to protect workers and consumers.

Public Ownership

Public ownership of natural monopolies and critical infrastructure such as utilities, telecoms, roads and transportation services. These are sectors where it can actually make sense for the government to own firms as compared to the questionable practice of granting a monopoly to private interests that would be likely to engage in rent seeking behavior. Democratic socialists may go beyond natural monopolies and critical infrastructure to advocate public firms competing with the private sector. This can resemble cronyism whereby the government interferes in markets to benefit friends and allies.

Public Services

Democratic socialism is best known for providing free or low cost public services that may increase the competitiveness and quality of life of a nation. For example, public education, healthcare and housing.

Paternalism

Strangely, democratic socialists are often incorrectly presented as liberals when in fact they tend towards paternalism and the view that people have little agency such that the government plays a role in regulating every aspect of life. This runs contrary to true liberalism that prioritizes freedom.

Progressives

Democratic socialists are typically progressives who believe in aggressive change.

Sustainability

The view that the environment is a massively valuable public asset that is not to be mismanaged. Communism has a poor environmental record. Democratic socialists tend to advocate for environmental responsible policy but historically this didn't appear to be much of a priority.

Socialism

Democratic socialists may view fully socialism or market socialism as an admirable long term plan. In practice, they may do little to move a society in this direction. They tend to focus on taxation, regulations and public services as a means of making things more equal and fair without going so far as eliminating competition and individual freedoms in order to force universal sameness.

Capitalist Realism

In practice, democratic socialists may embrace capitalist realism, the observation that capitalism produces superior efficiency, productivity and innovation such that it has no realistic alternatives. This would call for the pragmatic tact of using capitalism as an engine that can be shaped to achieve social good.

Democratic Socialism vs Market Socialism

Democratic socialism is the pursuit of socialist goals in a democratic setting with competition with other political ideologies. This tends to be pragmatic whereby socialist gains such as public services are won in a society that is primarily capitalist. This is extremely common such that democratic socialism has greatly influenced all developed nations.
Market socialism is socialism that allows for economic competition. This isn't necessarily democratic and specifically isn't capitalist. Market socialism requires that either the government and/or employees own all firms. This is mostly hypothetical and academic.

Notes

In common parlance, the term socialism often refers to democratic socialism. For example, advocacy of government provided education and healthcare may be described as a socialist position.
In an academic context, the term democratic socialism is often used to describe hypothetical systems such as a full socialist society that has somehow emerged in a democratic system.
Democratic socialism may also be used to describe specific political parties that may markedly differ from the characteristics above.
Overview: Democratic Socialism
Type
Definition (1)
The pragmatic advocacy for the working class and poor in a democratic society with competition between political ideologies.
Definition (2)
A hypothetical type of society based on both socialism and democratic rights and freedoms.
Related Concepts

Economic Systems

This is the complete list of articles we have written about economic systems.
Barter
Capitalism
Capitalist
Central Planning
Communism
Democratic Socialism
Economic Institutions
Financial System
Global Economy
Income Inequality
Laissez Faire
Market Socialism
Market Socialism
Marxism
Mixed Economy
Socialism
State Capitalism
Traditional Economy
More ...
If you enjoyed this page, please consider bookmarking Simplicable.
 

Capitalism

The basics of capitalism.

Capitalist Realism

The definition of capitalist realism with examples.

Capitalism Problems

A list of the primary problems with capitalist economies.

Laissez-Faire

An overview of the basic characteristics of laissez-faire capitalism or markets.

Liberalism

The basic characteristics of liberalism with comparisons to other political ideologies.

Cold War

An overview of the cold war.

Gilded Age

An overview of the Gilded Age of American history.

Intelligentsia

The basic characteristics of the intelligentsia.

Political Ideology

An overview of common political ideologies.

Communism

The definition and overview of communism.

Lumpenproletariat

The definition of lumpenproletariat with examples.

Liberal Opposite

A list of antonyms for liberal.

Business Opposite

A list of antonyms for business.

Market Socialism

An overview of market socialism.

Mixed Economy

The definition of mixed economy with examples.

Collectivist Culture

The definition of collectivist culture with examples.

Scarcity Examples

An overview of scarcity with examples.

Capitalism Examples

An overview of capitalism with examples.

Social Cohesion

The definition of social cohesion with examples.
The most popular articles on Simplicable in the past day.

New Articles

Recent posts or updates on Simplicable.
Site Map