What is another word for economic democracy?
Pronunciation: [ˌiːkənˈɒmɪk dɪmˈɒkɹəsi] (IPA) 
Economic democracy can be described using a multitude of different synonyms, each with its unique nuances and connotations. Some possible synonyms for economic democracy include cooperative economics, participatory economics, social capitalism, democratic capitalism, and democratic socialism. These terms all refer to economic systems that emphasize the involvement and voice of individuals or social groups in shaping economic policies and outcomes. They differ in their degrees of market regulation, government intervention, and emphasis on collectivism versus individualism. Ultimately, the choice of synonym for economic democracy depends on the specific values and goals one wishes to highlight, such as equality, efficiency, sustainability, or innovation.
