Monday, February 22, 2016

Is socialism now acceptable in the US?

26 February 2016

By Jeremy Au Yong
The Straits Times

"One of the few books offering an explanation of the ideology - Democratic Socialism: A Global Survey by Donald Busky - itself notes the struggle to find a consensus definition.For instance, it noted the disagreements over whether democratic socialism and social democracy are the same thing.

Following the US campaign, one might come to assume that the two are interchangeable, but Mr Busky - formerly a prominent member of the democratic socialist organisation known as Socialist Party USA - contends that they are not.

'Social democracy is a somewhat controversial term among democratic socialists. Many democratic socialists use social democracy as a synonym for democratic socialism, while others, particularly revolutionary democratic socialists, do not; the latter seeing social democracy as something less than socialism - a milder, evolutionary ideology that seeks merely to reform capitalism,' he writes.
Democratic socialism, he says, is the 'wing of the socialist movement that combines a belief in a socially owned economy with that of a political democracy.'

In short, it appears that while social democracy embraces capitalism but seeks to humanise it through state intervention, democratic socialists want to replace the privately owned profit-driven economy with one that is socially owned...."

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