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this post was submitted on 03 Oct 2023
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Asklemmy
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First, please define what you mean by socialism. That word encompasses a lot of very different forms of government, even when it's used "correctly", and it's typically not.
The Nazis called themselves socialists, and I'm not moving there.
When many people say socialism, what they mean is capitalist democracy with a strong social safety net, strong government regulation, and highly progressive taxation.
Edit: for the love of god, please do a little bit of reading about socialism before reinforcing my point that this word is used terribly. We won't take the wiki as ultimate truth, but please read. Be better. Read and think first. Comment later.
Why couldn't that what you just described be called something different other than "socialism" then? Sounds like a bad move to make it fall under that same umbrella especially since that term is very frowned upon if not straight out forbidden in a few European countries for example.
It is, the term for this type of system is called Social Democracy which is not a synonym for socialism, but people (Americans at least) confused and conflate the two terms to the point that they’ve become one and the same in the minds of many people who don’t really understand the terms or their origins.