this post was submitted on 18 Oct 2023
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Social democracy as in the European social countries for example. There's capitalism and partially free market, but its negative effects are balanced by stronger social safety nets such as free healthcare, free education, parental support, paid vacations and other public services thanks to redistribution through progressive taxes. It's not perfect but I believe it's the best of what we have actually experimented to scale for now.
I'm personally not against a partially free market that allows a well optimized economy as long as the potential negative impact on people and the environment are ~~composted~~ compensated by well enforced laws.