Monday, 7 March 2011

Social democracy

Social democracy is a political ideology of the left on the classic political spectrum. The contemporary social democratic movement seeks to reform capitalism to align it with the ethical ideals of social justice while maintaining the capitalist mode of production, as opposed to creating an alternative socialist economic system. Practical modern social democratic policies include the promotion of a welfare state, and the creation of economic democracy as a means to secure workers' rights.

Historically, social democracy was a form of evolutionary reformist socialism[2] that advocated the establishment of a socialist economy through class struggle. During the early 20th century, major European social democratic parties began to reject elements of Marxism, Revolutionary socialism and class struggle, taking a moderate position that socialism could be established through political reforms. The distinction between Social Democracy and Democratic Socialism had yet to fully develop at this time. The Frankfurt Declaration of the Socialist International in 1951, attended by many social democratic parties from across the world, committed adherents to oppose Bolshevik communism and Stalinism, and to promote a gradual transformation of capitalism into socialism.

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