Question

what is economic democracy​

Answer 1

Answer:

It is important to realize that we do not, at present, live in a democratic society. The massive economic inequality that capitalism has generated has severely compromised our political system as well, making a mockery of the concept of “rule by the people.” Hence the need to “democratize

Explanation:

economic philosophy within socialism that supports political and economic democracy. ... It has also been described as the most common form of Western and modern socialism as well as the reformist wing of democratic socialism.

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