Social democracySocial democracy is a political, social, and economic philosophy within socialism that supports political and economic democracy. As a policy regime, it is described by academics as advocating economic and social interventions to promote social justice within the framework of a liberal-democratic polity and a capitalist-oriented mixed economy. The protocols and norms used to accomplish this involve a commitment to representative and participatory democracy, measures for income redistribution, regulation of the economy in the general interest, and social welfare provisions.
Far-left politicsFar-left politics, also known as the radical left or extreme left, are politics further to the left on the left–right political spectrum than the standard political left. The term does not have a single, coherent definition; some scholars consider it to represent the left of social democracy, while others limit it to the left of communist parties. In certain instances—especially in the news media—far left has been associated with some forms of authoritarianism, anarchism, communism, and Marxism, or are characterized as groups that advocate for revolutionary socialism and related communist ideologies, or anti-capitalism and anti-globalization.
Criticism of capitalismCriticism of capitalism is a critique of political economy that involves the rejection of, or dissatisfaction with the economic system of capitalism and its outcomes. Criticisms typically range from expressing disagreement with particular aspects or outcomes of capitalism to rejecting the principles of the capitalist system in its entirety. Criticism of capitalism is generally a left-wing to far-left stance on political economy.
Authoritarian socialismAuthoritarian socialism, or socialism from above, is an economic and political system supporting some form of socialist economics while rejecting political liberalism. As a term, it represents a set of economic-political systems describing themselves as socialist and rejecting the liberal-democratic concepts of multi-party politics, freedom of assembly, habeas corpus and freedom of expression, either due to fear of the counter-revolution or as a means to socialist ends.
State socialismState socialism is a political and economic ideology within the socialist movement that advocates state ownership of the means of production. This is intended either as a temporary measure, or as a characteristic of socialism in the transition from the capitalist to the socialist mode of production or to a communist society. State socialism was first theorised by Ferdinand Lassalle. It advocates a planned economy controlled by the state in which all industries and natural resources are state-owned.
Occupy movementThe Occupy movement was an international populist socio-political movement that expressed opposition to social and economic inequality and to the perceived lack of "real democracy" around the world. It aimed primarily to advance social and economic justice and different forms of democracy. The movement has had many different scopes, since local groups often had different focuses, but its prime concerns included how large corporations (and the global financial system) control the world in a way that disproportionately benefits a minority, undermines democracy and causes instability.
Political colourPolitical colours are colours used to represent a political ideology, movement or party, either officially or unofficially. They represent the intersection of colour symbolism and political symbolism. Politicians making public appearances will often identify themselves by wearing rosettes, flowers, ties or ribbons in the colour of their political party. Parties in different countries with similar ideologies sometimes use similar colours.
Nordic modelThe Nordic model comprises the economic and social policies as well as typical cultural practices common in the Nordic countries (Denmark, Finland, Iceland, Norway, and Sweden). This includes a comprehensive welfare state and multi-level collective bargaining based on the economic foundations of social corporatism, and a commitment to private ownership within a market-based mixed economy — with Norway being a partial exception due to a large number of state-owned enterprises and state ownership in publicly listed firms.
Labor rightsLabor rights or workers' rights are both legal rights and human rights relating to labor relations between workers and employers. These rights are codified in national and international labor and employment law. In general, these rights influence working conditions in the relations of employment. One of the most prominent is the right to freedom of association, otherwise known as the right to organize. Workers organized in trade unions exercise the right to collective bargaining to improve working conditions.
Modern liberalism in the United StatesIn United States politics, modern liberalism is a form of social liberalism that is one of two current major political factions in the United States. It combines ideas of civil liberty and equality with support for social justice. Economically, modern liberalism supports government regulation on private industry and opposes corporate monopolies. It opposes cuts to the social safety net, while simultaneously promoting income-proportional tax reform policies to reduce deficits.
Economic liberalismEconomic liberalism is a political and economic ideology that supports a market economy based on individualism and private property in the means of production. Adam Smith is considered one of the primary initial writers on economic liberalism, and his writing is generally regarded as representing the economic expression of 19th-century liberalism up until the Great Depression and rise of Keynesianism in the 20th century. Historically, economic liberalism arose in response to feudalism and mercantilism.
Mutualism (economic theory)Mutualism is an anarchist school of thought and economic theory that advocates a socialist society based on free markets and usufructs, i.e. occupation and use property norms. One implementation of this system involves the establishment of a mutual-credit bank that would lend to producers at a minimal interest rate, just high enough to cover administration. Mutualism is based on a version of the labor theory of value that it uses as its basis for determining economic value.
Lee Kuan YewLee Kuan Yew (born Harry Lee Kuan Yew; 16 September 1923 – 23 March 2015), often referred to by his initials LKY, was a Singaporean barrister and statesman who served as the founding Prime Minister of Singapore between 1959 and 1990, and Secretary-General of the People's Action Party between 1954 and 1992. He was the Member of Parliament (MP) for Tanjong Pagar from 1955 until his death in 2015. Lee is widely recognised as the founding father of the modern Singaporean state, and for his leadership in turning the island from a third-world to a first-world country.
Social liberalismSocial liberalism (Sozialliberalismus, socioliberalismo, Sociaalliberalisme) is a political philosophy and variety of liberalism that endorses social justice and the expansion of civil and political rights. It is economically based on the social market economy and views the common good as harmonious with the individual's freedom. Social liberals overlap with social democrats in accepting economic intervention more than other liberals; its importance is considered auxiliary compared to social democrats.
