Confronting Capitalism: Socialism in the 21st Century
Jacobin Radio
00:00
Social Democracy vs. Democratic Socialism
- Bernie Sanders calls his vision "democratic socialism", advocating for basic necessities like healthcare, a living wage, housing, and pensions as citizen rights.
- Vivek Chibber suggests a more accurate term is "social democracy" or a "welfare state".
- This approach doesn't aim to abolish the market but to mitigate its negative impacts on people's lives.
- It seeks to provide basic amenities regardless of employment status or job performance.
- The core principles of a welfare state stem from a socialist critique of capitalism.
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