Economic progressivism

Economic progressivism

Economic progressivism is the name given to the economic views of progressives, social democrats and some social liberals. These views are often rooted in a strong sense of social justice. At its most basic, economic progressivism supports a mixed economyndash 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.

See also

*Economics


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