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Social Democratic and Socialist Policies

John King

Working Papers from Political Economy Research Institute, University of Massachusetts at Amherst

Abstract: In this Working Paper, also an entry for the International Encyclopedia of Public Policy, John King begins with a brief discussion of the meaning of ‘socialism’ and ‘social democracy,’ from their nineteenth-century origins down to the present day. He then discusses socialist economic policies under six headings: the case for public ownership; the importance of macroeconomic stability; the demands of social justice; arguments for tax reform; the need for environmental sustainability; and the obligation to exercise international responsibility. He concludes that socialist and social democratic policies offer a genuine intellectual alternative to neoliberalism.

Keywords: social democracy; economic policy (search for similar items in EconPapers)
JEL-codes: B14 B24 B51 P2 P3 (search for similar items in EconPapers)
Date: 2009
New Economics Papers: this item is included in nep-pke
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