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this post was submitted on 23 Aug 2023
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A good faith attempt to end the capitalist mode of production and move to the socialist mode as envisioned by Marx. Elimination of the role of capital in the ownership of industry or production, that's your chief characteristic
That's social liberalism. It's an offshoot of democratic socialism which discarded the goal of transition to socialism for continuing to reform capitalism. It also describes the US New Deal Coalition.
https://en.m.wikipedia.org/wiki/Social_liberalism