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difference between Socialist and the liberal
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Liberal socialism is a political philosophy that incorporates liberal principles to socialism.[1] Liberal socialism has been compared to modern social democracy[2] as it supports a mixed economy that includes both private property and social ownership in capital goods.[3] Liberal socialism identifies legalistic and artificial monopolies to be the fault of capitalism[4] and opposes an entirely unregulated market economy.[5] It considers both liberty and equality to be compatible and mutually dependent on each other.