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Now it serves the Corbynite movement’s own view of itself to call itself socialist. For them this is all about a return to socialist traditions and values whilst at the same time branching out into new socialist politic (I know it is kind of confusing but anyway…). Momentum describes itself as a “a nation-wide socialist movement”. But their politics in practice are essentially social democratic. They want a mixed economy, a regulated private sector and move public sector funding. Even the more ‘transformative’ aspects of the agenda around worker shareholders is in fact just a social democratic proposal from Sweden in the 1970s (that failed by the way).

full: https://talking-about-the-new-jerusalem.com/2019/02/24/socialism-or-social-democracy-pt-1/
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