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Economic progressivism
From Wikipedia, the free encyclopedia
| Part of the Politics series on Social democracy |
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| Part of the Politics series on Progressivism
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Economic progressivism is the name given to the economic views of progressives, social democrats and some liberals. These views are often rooted in a strong sense of social justice. At its most basic, economic progressivism supports a mixed economy - an economy that features both a significant public sector and a strong private one.
More specific policies that fall under the category of economic progressivism include: progressive taxes and income redistribution aimed at reducing inequalities of wealth, a comprehensive package of public services, universal health care, public education, social security, minimum wage laws, anti-trust laws, legislation protecting workers' rights and the rights of trade unions, and a welfare state.
The economic theory that underpins most of the policies listed above is Keynesian economics.
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