Read your own link, man. It calls Democratic Socialism a wing of Social Democracy. Also, why do you not also share the article about Social Democracy itself?
Now, you would be correct if you merely argued that many Labour movements dipped to moderate right with their embrace of neoliberalism in the 1990s, but outside of that, they’ve been moderate left. But SocDem has always been considered various degrees of left. Sometimes not even moderately so.
All economies are mixed, what determines mode of production is the principle aspect of the economy. In social democracy, the large firms and key industries are still privately owned, with perhaps some little nationalization, and the state is dominated by the wealthy.
Read your own link, man. It calls Democratic Socialism a wing of Social Democracy. Also, why do you not also share the article about Social Democracy itself?
https://en.m.wikipedia.org/wiki/Social_democracy
Now, you would be correct if you merely argued that many Labour movements dipped to moderate right with their embrace of neoliberalism in the 1990s, but outside of that, they’ve been moderate left. But SocDem has always been considered various degrees of left. Sometimes not even moderately so.
Social Democracy is an ideology supporting capitalism, at best it is center-right. Welfare capitalism is still capitalism.
Mixed economy is the word for it.
https://en.m.wikipedia.org/wiki/Mixed_economy
All economies are mixed, what determines mode of production is the principle aspect of the economy. In social democracy, the large firms and key industries are still privately owned, with perhaps some little nationalization, and the state is dominated by the wealthy.