General descriptive terms for any of
several otherwise quite varied political ideologies
(socialism,
communism,
social democracy, welfare
statism, contemporary American liberalism,
some versions of anarchism,
etc.) that join in denouncing
the extent of economic and social inequality in the
present order of society and advocate the adoption of
vigorous public policies to reduce or eliminate these
inequalities, usually through some combination of the
following:
- Reduction or elimination of legal
protections for private property rights
- Greater regulation (or complete
expropriation) of private economic activity
- Stringent limitations on the right to
inherit wealth
- Higher tax burdens on the rich and the
middle-class, and/or the provision of more tax-supported
government services and money payments to the poor.
In America, the term has a somewhat more
derogatory flavor than in European usage.
[See also: right-wing,
ideology,
legitimacy,
socialism,
communism,
anarchism,
liberalism,
welfare
state]