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]