Although John Dombec believes that large corporations should be owned by the nation and run For the benefit of all citizens, he does not favor the elimination of the institutions of private property or competitive markets. Dombec's beliefs represent the economic philosophy known as:

Question

Quizplus · Accepted Answer

Democratic socialism advocates for the nationalization of major industries while maintaining private property and competitive markets, aligning with Dombec's beliefs.

Although John Dombec Believes That Large Corporations Should Be Owned