Fabian capitalism

Fabian capitalism is a broad term combining ideas from Fabian socialists and capitalist principles. It advocates for gradual, reformist change within a capitalist system, rather than revolutionary shifts. Fabian thinkers support maintaining a free-market economy while implementing policies like social welfare, regulation, and public ownership of essential services to promote social justice and reduce inequality. Essentially, it's about evolving capitalism thoughtfully to create a fairer society, emphasizing cooperation between government and industry rather than dismantling capitalism altogether.