Understanding Social Democracy in Sociology

Social democracy is a political ideology and a form of governance that aims to create a balance between the principles of socialism and the market economy. It emphasizes social justice, democratic governance, a mixed economy, and a welfare state. The state plays a crucial role in regulating the economy and ensuring the well-being of its citizens. However, social democracy faces criticism and challenges in the modern globalized world. Despite this, it remains an important ideology in addressing social and economic inequalities.







