DEMOCRATIC SOCIALISM | POLITICAL IDEOLOGY | PART-5
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 Published On Jan 15, 2021

In this video, I explained the meaning and features of Democratic Socialism.

Democratic Socialism is the most popular brand of socialism. It came into existence as a reaction against the Scientific Socialism. This ideology believes that the state is a positive good and it should perform maximum functions. It believes that for the purpose of achievement of socialism state Should follow democratic and peaceful means only. Thus, Capitalism can be converted into Socialism by passing state laws and constitutional provisions.

FEATURES OF DEMOCRATIC SOCIALISM:
The main features of the democratic socialism are as follow:
(1) Advocacy of the Peaceful and Constitutional Means
(2) State is a Positive Good
(3) Nationalization of Economic Resources of the State
(4) Regulation of the Institution of Private Property
(5) Equitable Distribution of Wealth
(6) State is Responsible for Providing Social Justice
(7) Good Balance Between Individual Liberty and State Authority
(8) Production According to Social Needs
(9) Decentralisation of State Powers
(10) Faith in Religion and Morality
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