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__NOTOC__ I'm a moderate socialist, with leanings towards anarchism that are tempered by recognition of the value of liberal democracy. ==Moderate socialism== By moderate socialism I mean limited socialism under a democratic political regime with a free market economy. All Western democracies are in fact social-democratic. The Keynesian welfare state, introduced in the United States during the great depression of the 1930s as a response to one of the cyclic crises inherent in capitalism, is a form of minimal social-democracy. ==Lessons of Marxism== Marx provided a useful diagnosis of the problems of capitalism, and a terrible prescription for their remedy. ==See also== *[[Participatory democracy]] *[[Poverty consciousness]] ==Links== [[Category:Life]]
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