'''Social democracy''' is an ideology of the political Left that emerged from [[socialism]] in the earlier part of the [[twentieth century]]. Unlike its cousin [[Communism]] which seeks to destroy [[capitalism]] by (violent) revolution and replace it with a different social and economic system, social democracy seeks to seeks to put [[healthcare]], manufacturing, and the service sector into the hands of government by way of elections and regulate capitalism via [[central planning]]. This gives the government a prominent role of intervening in order to remedy the alleged deficiencies of capitalism and the power to pervert market norms. | '''Social democracy''' is an ideology of the political Left that emerged from [[socialism]] in the earlier part of the [[twentieth century]]. Unlike its cousin [[Communism]] which seeks to destroy [[capitalism]] by (violent) revolution and replace it with a different social and economic system, social democracy seeks to seeks to put [[healthcare]], manufacturing, and the service sector into the hands of government by way of elections and regulate capitalism via [[central planning]]. This gives the government a prominent role of intervening in order to remedy the alleged deficiencies of capitalism and the power to pervert market norms. |