The words social democracy and democratic socialism have swapped definitions and started the same and have been translated variously. It’s even more confusing than the word histories of socialism and communism.
My understanding of social democracy in the contemporary meaning is liberal capitalist society with substantial concessions to the working class for quality of life, while democratic socialism is a movement to end liberal capitalism via the ballot box.
What you describe is called social democracy. And, in my opinion, it is an ideological cul-de-sac.
The words social democracy and democratic socialism have swapped definitions and started the same and have been translated variously. It’s even more confusing than the word histories of socialism and communism.
My understanding of social democracy in the contemporary meaning is liberal capitalist society with substantial concessions to the working class for quality of life, while democratic socialism is a movement to end liberal capitalism via the ballot box.