General Discussion
In reply to the discussion: So Ocasio-Cortez has not even taken office, and she's already planning [View all]pnwmom
(108,976 posts)Unlike DS's, I believe in well-regulated capitalism with a strong safety net.
Here is a sample, from the website of the Democratic Socialists of America.
https://www.dsausa.org/about-us/what-is-democratic-socialism/#govt
Democratic socialists do not want to create an all-powerful government bureaucracy. But we do not want big corporate bureaucracies to control our society either. Rather, we believe that social and economic decisions should be made by those whom they most affect.
Today, corporate executives who answer only to themselves and a few wealthy stockholders make basic economic decisions affecting millions of people. Resources are used to make money for capitalists rather than to meet human needs. We believe that the workers and consumers who are affected by economic institutions should own and control them.
Social ownership could take many forms, such as worker-owned cooperatives or publicly owned enterprises managed by workers and consumer representatives. Democratic socialists favor as much decentralization as possible. While the large concentrations of capital in industries such as energy and steel may necessitate some form of state ownership, many consumer-goods industries might be best run as cooperatives.