You people no that Third way social democracy exists right?
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> Upon hearing this definition, some will no doubt protest. How can the absence of strict regulation (that is, relative economic freedom on the regulatory dimension) have anything to do with social democracy? Isn’t this more like neoliberalism? My response is three-fold.
>First, Kenworthy is at least partly looking at actually existing societies that most people would tend to call social democratic and then enumerating their characteristics. So, if the poster boys for social democracy – the Nordic countries and certain other European societies – have only modest-to-moderate regulation, then this can reasonably form one pillar of our definition of social democratic capitalism.
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You people no that Third way social democracy exists right?
> Upon hearing this definition, some will no doubt protest. How can the absence of strict regulation (that is, relative economic freedom on the regulatory dimension) have anything to do with social democracy? Isn’t this more like neoliberalism? My response is three-fold.
>First, Kenworthy is at least partly looking at actually existing societies that most people would tend to call social democratic and then enumerating their characteristics. So, if the poster boys for social democracy – the Nordic countries and certain other European societies – have only modest-to-moderate regulation, then this can reasonably form one pillar of our definition of social democratic capitalism.
wut?