Social capitalism
Social Capitalism is defined as "Capitalism with Social responsibility". This political philosophy is an evolution of Free market capitalism and Democratic socialism as practiced in USA and largely in the world. In this philosophy is based on the belief that while Free-market capitalism or Market economy produces the best outcome for human progress, we also need appropriate regulations, carefully adjusted incentive structure and basic safety net for the larger good of the society and to preserve human dignity and a sustainable progress.
This term is showing up in the discussion forums starting in middle of 2025 and the concept is evolving in nature.
References
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