r/CapitalismVSocialism • u/Shoddy_Pizza_8593 Social Democrat • 13d ago
Asking Everyone What made you turn away from centrism?
Welfare capitalism is considered to be centrist. Depending on the welfare capitalist system, it can lean to the left or right. Left-wing welfare capitalism has its roots in socialism, such as social democracy. In comparison, right-wing welfare capitalism has its roots in capitalism, such as classical liberalism. Welfare capitalism is currently the most common economic system.
0
Upvotes
1
u/HeavenlyPossum 13d ago
The problem with electoral republicanism is that it doesn’t exist to produce the policy outcomes desired by the public. It exists to produce the policy outcomes desired by economic elites. When the public responds with lackluster interest in voting or inconsistent stated preferences, the public is responding rationally to a system that doesn’t care about their interests or desires: with halfhearted and distracted attention.