Social Democracy , also referred to as “ Nordic Capitalism ,” is a large reformist labor movement that emerged in Germany in 1868 . I describe it as “ Human Capitalism ” or “ Modern Capitalism .” Social democracy represents a compromise between socialism and capitalism. It is a third path between the traditional political left and right. Its goal is to reform and tame capitalism so that it serves the people. Social democracy (or Nordic capitalism) shou

The current job creation policies aimed at addressing unemployment might seem outdated in the face of rapid technological advancements, such as automation and artificial intelligence. As more jobs are automated , unemployment grows , and the traditional approach to job creation becomes increasingly ineffective . This raises the question: Are governments' responses to unemployment based on outdated thinking? The exponential growth of automation and AI is

The difficulties faced by countries governed by an old capitalist structure largely stem from the outdated and backward nature of that system. The Problem of Outdated Capitalism In the societies with such a system, money becomes the supreme value, and some people are forced to sell almost everything for the sake of survival. At the same time, economic power is concentrated in the hands of capital and capital owners who continuously attempt to suppress wages in order to extrac