At a glance
Economic progressivism seeks to reduce economic inequality and concentrated private power through reform of taxation, labor rules, markets and public provision.
Core principles
- Fair distribution; labor protection; accessible public services; progressive taxation; regulation of economic power; material opportunity.
Origins & development
It draws on labor movements, progressive-era reform and welfare-state development, with different national traditions and changing approaches to industrial and financial power.
Economic outlook
A regulated mixed economy is common. Proposals include social insurance, public investment, stronger bargaining rights and antitrust policy; some branches favor public or cooperative ownership.
Society & government
Economic policy is linked to democratic accountability and the resources needed for meaningful participation. Cultural, religious and foreign-policy positions are not fixed by this label.
Variations & related traditions
It overlaps with social democracy, social liberalism and some democratic socialism. Social progressivism concerns cultural rights and should not be assumed from economic reform alone.
Debates & criticisms
Debates concern incentives, taxation, government effectiveness and the influence of wealth on democracy. Critics and supporters disagree over how much intervention improves opportunity without creating new inefficiencies.