However, modern social democracy has deviated from socialism, and supports positions that include support for a democratic welfare state which incorporates elements of both socialism and capitalism, resulting in a mixed economy combined with a comprehensive welfare state.[2] Social democrats aim to reform capitalism democratically through state regulation and the creation of programs that work to counteract or remove the social injustice and inefficiencies they see as inherent in capitalism. This significantly differs from traditional socialism, which aims to replace the capitalist system entirely with a new economic system characterized by either state or direct worker ownership of the means of production.
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