The phrase you’re looking at is social liberalism, which describes a capitalist nation that has strong welfare programs and worker protections. Socialism requires as a fundamental thing eliminating or DRAMATICALLY reducing the role of capital in ownership and regulation of industry. Capitalism and socialism aren’t about whether the poors are provided government funding for food or told to eat cake, they’re about who gets to own and start factories etc.
The phrase you’re looking at is social liberalism, which describes a capitalist nation that has strong welfare programs and worker protections. Socialism requires as a fundamental thing eliminating or DRAMATICALLY reducing the role of capital in ownership and regulation of industry. Capitalism and socialism aren’t about whether the poors are provided government funding for food or told to eat cake, they’re about who gets to own and start factories etc.