21st Century Socialism

21st Century Socialism refers to modern ideas aimed at creating a more equitable society by combining social ownership and democratic control of resources with innovative economic strategies. It emphasizes reducing poverty and inequality through policies like social programs, public ownership, and community participation, while also embracing technological advancements and diverse economic models. Unlike traditional socialism, it often seeks to adapt these principles to globalized, digital economies, balancing social justice with sustainability and innovation. Overall, it aims for a fairer distribution of wealth and power, fostering inclusive growth in contemporary society.