Socialism - Social Democracy 3.2 Flashcards
how do social democrats view how capitalism distributes money
it distributes it in a way in creates inequality and poverty
what do social democrats believe about the state and economy
its intervention in social affairs and economics is the weakness of capitalism
what do they believe about change
peaceful and constitutional methods bring social change
what do social democrats believe about the private sector
creates productivity and personal responsibility
what do social democrats believe about Marx
his analysis of capitalism is flawed (capitalism can be resilient and adaptable)
what are the 3 KEY ELEMENTS of social democracy
- mixed economy
- strategic nationalisation
- reform capitalism through welfare estate
what did Anthony Crosland believe in (social democracy)
salaried managers, officials and technocrats would control the industry.
why did Anthony Crosland believe in this (social democracy)
- pursuit of profit
- maintenance of worker-employer relations
what can we draw as a conclusion of social democracy
capitalism is no longer a system of harsh oppression
what were the few decades like after 1945
SOCIAL DEMOCRATS
- economic efficiency
- egalitarianism
- economic growth
- high employment
- low inflation
- living standards rising
what was the fall of social democracy
1970’s - 1980’s
what is the dilemma for social democrats now
reduce taxes and stimulate economy
ORRRRRRRRRRR
priortise funding of welfare estate
what discredited socialism
demolition of USSR
