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I deleted my comment because you're right, I'm advocating for a Social democracy. I went to Wikipedia after I commented, just to be sure ๐
Apologies.
wiki source: https://en.m.wikipedia.org/wiki/Social_democracy#:~:text=It%20is%20characterized%20by%20a,care%2C%20and%20workers'%20compensation.
It's just a shame that this is not fully implemented in my country. We have a lot of means of production controlled by the state and cripple high taxes which promotes poverty, contrary to the end goals of socialism.