1 definition by Chryasor
Somebody who advocates for the installment of a socialist economy through democratic means (i.e. elections etc.)
The prime characteristics of such an economic system include:
- partial or complete governmental control over the means of production.
- a planned economy, in which the state determines how much of a certain product is made to combat wastefulness
Democratic socialists often also support:
- expanding social benefits, such as health care
- implementing or strengthening workers rights to participate in business decisions.
- more power to the trade unions
- setting a limit for wage gaps, e.g. top managers can't earn more than 20 times as much as the worker with the lowest wage
The prime characteristics of such an economic system include:
- partial or complete governmental control over the means of production.
- a planned economy, in which the state determines how much of a certain product is made to combat wastefulness
Democratic socialists often also support:
- expanding social benefits, such as health care
- implementing or strengthening workers rights to participate in business decisions.
- more power to the trade unions
- setting a limit for wage gaps, e.g. top managers can't earn more than 20 times as much as the worker with the lowest wage
A: Bernie Sanders is a democratic Socialist.
B: Democratic socialism? Pff. That's an oxymoron! Socialism leads to autocracy and gulags!
B: I'm sorry, but you seem to be stuck in the fifties with all of the cold war propaganda.
B: Democratic socialism? Pff. That's an oxymoron! Socialism leads to autocracy and gulags!
B: I'm sorry, but you seem to be stuck in the fifties with all of the cold war propaganda.
by Chryasor October 15, 2020