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Many parties in economically developed nations have espoused social democratic beliefs, including the [[Labour Party]] in the [[United Kingdom]], the [[SPD]] in [[Germany]], the Social Democratic Parties in [[Sweden]] and [[Finland]], and the [[Australian Labour Party]]. Social democratic beliefs are also found in parts of the American [[Democratic Party]], and some European and South American [[Christian democracy|Christian Democratic]] parties have resemblences to social democratic parties.
Many parties in economically developed nations have espoused social democratic beliefs, including the [[Labour Party]] in the [[United Kingdom]], the [[SPD]] in [[Germany]], the Social Democratic Parties in [[Sweden]] and [[Finland]], and the [[Australian Labour Party]]. Social democratic beliefs are also found in parts of the American [[Democratic Party]], and some European and South American [[Christian democracy|Christian Democratic]] parties have resemblences to social democratic parties.
Since the 1980s, a number of social democratic parties have moved away from the territory of the traditional Left and have accepted greater elements of free-market, capitalistic thought. The principal example of this phenomenon is the British Labour Party under [[Tony Blair]], while other examples include the Australian Labour Party under [[Bob Hawke]] and [[Paul Keating]], and the German SPD under [[Gerhard Schroeder]].