Edit: apparently I have it backwards actually, disregard
You may be confused by the term you’re using, taken separately the definitions of the words feel as though they should mean what you intend them to mean but together they are used to refer to capitalism with restrictions which always inevitably leads to wealth inequality as capital takes indirect and then direct control of the government.
The socdem system is temporarily great for the people living within it but unfortunately it cannot survive without the exploitation of people outside of the country. This is commonly seen in the global south as corporations exploit cheap labor to keep prices low in their primary retail countries usually in the west. This is literally a form of imperialism.
Now I might have just explained all this to someone who is already well aware and if that’s the case I apologize.
Anyway the term you are looking for is socialist democracy. It’s dumb that democratic socialism doesn’t mean what it sounds like it should mean but unfortunately it doesn’t.
Democratic socialists argue that capitalism is inherently incompatible with the values of freedom, equality, and solidarity and that these ideals can only be achieved through the realisation of a socialist society.
Edit: apparently I have it backwards actually, disregard
You may be confused by the term you’re using, taken separately the definitions of the words feel as though they should mean what you intend them to mean but together they are used to refer to capitalism with restrictions which always inevitably leads to wealth inequality as capital takes indirect and then direct control of the government.
The socdem system is temporarily great for the people living within it but unfortunately it cannot survive without the exploitation of people outside of the country. This is commonly seen in the global south as corporations exploit cheap labor to keep prices low in their primary retail countries usually in the west. This is literally a form of imperialism.
Now I might have just explained all this to someone who is already well aware and if that’s the case I apologize.
Anyway the term you are looking for is socialist democracy. It’s dumb that democratic socialism doesn’t mean what it sounds like it should mean but unfortunately it doesn’t.
Democratic socialists argue that capitalism is inherently incompatible with the values of freedom, equality, and solidarity and that these ideals can only be achieved through the realisation of a socialist society.
From Wikipedia
bada boom
Check my comment. Democratic socialism is correct here. Social democracy is what you’re explaining.
My bad, added a disclaimer to the top of my comment