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Sep 11, 2019 · There are no known examples of fully socialized economies with a liberal democratic regime. The more considered answer is that it can be, but only with the public policies that make it so.
Despite the diverse forms that social democracy took, it is possible to identify the central commitments that justify grouping these ideas, movements, and parties together as a single social democratic family. the first was belief in the possibility of achieving justice through democratic reform rather than revolution, which dictated cooperation...
Social Democracy: Social democracies also have a mixed economy, but with a greater emphasis on government intervention. Social democracies often have a larger public sector, with the government owning or controlling key industries such as healthcare, education, and utilities.
Liberal democracies prioritize individual liberties, limited government intervention, and free-market capitalism, while social democracies advocate for a mixed economy, social justice, and a more active role for the state.
Questions and arguments concerning the relationship between democracy and the law have been especially important under conditions of rapidly growing social differentiation, of changes in social integration accompanied by diffusion of ownership, and of a developing free-market economy.
Jul 10, 2021 · Global capitalism seems to be placing democracy, especially liberal democracy, under considerable stress. Support for populism has surged, especially for extreme right parties with populist and authoritarian programs. Inequality, insecurity, and interdependence—all associated with globalization—have grown globally and appear to be key ...
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liberal democracy can emerge. We show that liberal democracy requires quite special circumstances: mild levels of income inequality as well as weak identity cleavages. We provide some evidence consistent with this result, and also present a new classification of countries as electoral or liberal democracies.