The Housing Boom Replaced Social Democracy. Now We Have Neither | Novara Media

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The Housing Boom Replaced Social Democracy. Now We Have Neither | Novara Media

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Swarming@sh.itjust.worksM to

Social Democracy@sh.itjust.worksEnglish · 3 years ago

The Housing Boom Replaced Social Democracy. Now We Have Neither | Aaron Bastani

novaramedia.com

Property owners need a reality check, writes Aaron Bastani. But it's easier to understand their anger over soaring mortgage rates when you consider what the housing boom replaced.

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What is Social Democracy?

There are a number of variants, but we can provisionally define it as a political ideology which prescribes the use of democratic collective action to extend the principles of freedom and equality valued by democrats in the political sphere to the organization of the economy and society, chiefly by opposing the inequality and oppression created by laissez-faire capitalism.

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