Characteristics of Social Democracy
- Equally distributed wealth - By creating progressive taxes, income gaps can be reduced, and money earned from those taxes can be utilized to create jobs.
- Government funded socioeconomic projects
- Protection of minority groups
- Better care for the elderly and disabled: A democratic socialism aims to create a system that works for the people and takes care of the fragile group of the society
- More balanced distribution of rights: The public would make decisions regarding jobs and industries, while those in authority would be more strictly scrutinised and regulated. This would give average people greater control over their lives and decisions that affect them.
- Universal access to healthcare and education: This would mean that everyone, regardless of income, would be able to get medical services and equal opportunity for quality education.
- Reduction in poverty and homelessness: Due to progressive taxes, more jobs would be created. This would give the unemployed and lower-class more opportunities to find work.
- Transparency: The leaders and all arms of government and the electorate as well, are to ensure transparency in the issues concerning the state for the smooth running of a capitalist democracy.
- Public opinion: The public must be aware or be informed about the government plans so that they can contribute their own idea before final decision can be made.