See this article. Some excerpts:
"The weirdest thing about this fight is that Mr. Sanders, a Vermont
senator, is not really a socialist. Or at least, if he is a socialist,
he is also, at the same time, a capitalist. [...]Mr. Sanders does not want to nationalize the steel mills or the auto
companies or even the banks. Like Mrs. Clinton, he believes in a mixed
economy, where capitalist institutions are mediated through taxes and
regulation. He just wants more taxes and more regulation than Mrs.
Clinton does."
“'It’s not socialism, it’s social democracy, which is a big difference,'
said Mike Konczal, an economic policy expert at the left-wing Roosevelt
Institute. Social democracy, Mr. Konczal noted, 'implies a very active
role for capitalism in the framework.'”
"Mr. Konczal laid out four hallmarks. You might be a social democrat if
you support: a mixed economy, that is, a combination of private
enterprise and government spending; social insurance programs that
support the old and the poor; a Keynesian economic policy of government
borrowing and spending to offset economic recessions; and democratic
participation in government and the workplace."
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