Democratic Socialism
Democratic Socialism Oxford Reference dictionary describes democratic socialism as a political ideology that advocates social ownership of the means of production and is therefore committed to the overthrow of capitalism as an economic model, while maintaining a commitment to political democracy. This letter of commitment distinguishes it from authoritarian models of centralized socialism, such as the Soviet model. Informally, the term is often used synonymously with social democracy, which seeks not to overthrow capitalism but to reform it using existing democratic institutions . This political philosophy, which should not be confused with social democracy, emphasizes worker's self-management and democratic control of economic institutions within a market socialist economy or some form of a decentralized planned socialist economy. How important would worker majorities consider hair products for African Americans? What if a majority of workers deci...