User:Tony PERLA/sandbox

From the definition of Social Democracy: "Social democracy is a political, social and economic philosophy within socialism that supports political and economic democracy. ... It has been described as the most common form of Western or modern socialism as well as the reformist wing of democratic socialism."

Social Democracy is NOT "within socialism" because the latter is based fully upon the notion that all provision of "goods and services" are provided by the government. In Europe, where it is employed, Social Democracy employs a fully capitalistic-economy to provide goods and services.

So, a Social Democracy welcomes Capitalist enterprise (privately owned and managed) with government remits necessary to better peoples' lives by provisioning of key public-services (namely National Healthcare and Very low-cost Post-secondary Education).

Social Democracies differ in their accent on very low cost Key Public Services and the best example to date is that of the European Union.

Americans would be very wise to first understand the difference between the US and Europe and then decide whether they want a Social Democracy to replace the present system of low-taxation that shifts huge amounts of wealth to a select minority. Whilst it has maintained historically a long-standing history of insufficient support of key-services to its people.

Thus having developed the worst Income Disparity of any modern market-economy - as noted here: https://data.oecd.org/inequality/income-inequality.htm

Just an opinion for this thread: https://en.wikipedia.org/wiki/Economy_of_the_United_States_by_sector is SERIOUSLY datedItalic text for a key subject - the US economy!