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I think it helps to clarify that we are talking about the current US Progressive movement and not just the abstract definitions of the terms. US Progressives have non-economic goals (restoring and expanding civil rights), but they generally agree that society should take care of everyone, not just the rich. That means providing at least food, housing, and health care without regard to income. There are a lot of different ideas about how that could be done. Everything from a Basic Living Stipend within a largely capitalist economy to a adopting a fully socialist, or even communist, economic system.