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Social democracy is a political ideology that officially has as its goal the establishment of democratic socialism through reformist and gradualist methods. It advocates for a peaceful, evolutionary transition of the economy to socialism through progressive social reform of capitalism.
Socialism will be a society in which the things we need to live, work and control our own livesâthe industries, services and natural resourcesâare collectively owned by all the people, and in which the democratic organization of the people within the industries and services is the government.ocialism is the collective ownership by all the people of the factories, mills, mines, railroads, land and all other instruments of production. Socialism means production to satisfy human needs, not as under capitalism, for sale and profit.