Socialism - Social democracy - New' social democracy

3 important questions on Socialism - Social democracy - New' social democracy

What is new social democracy?

/ third way / neo-revisionism.

Attempt to reconcile old-style social democracy with the electorally attractive aspects of neoliberalism.

What are certain characteristic themes of new social democracy?

- Socialism is dead
- Acceptance of globalization and the belief that capitalism has mutated into a knowledge economy (state has become a means of promoting international competitiveness, not social restructuring).
- Embraced the liberal ideas of equality of opportunity and meritocracy.
-Endorse welfare reform (helping people to help themselves)

What do critics say about new social democracy?

That it simultaneously endorses the dynamism of the market and warns against its tendency to social disintegration.

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