Social democracy is a well-regulated form of capitalism where government uses taxes to fund essential public goods like health care and education.

“And social democracy is a well-regulated form of capitalism where we say there's lots of good things about capitalism and about markets directing resources in many areas, but there are some what we would call special cases. And these might, depending on who you ask, include health care.”

Maintaining a strong, modernized relationship between the Labour Party and trade unions is essential for effective social democratic reform.

“My view has been I can understand for different reasons that party and union have gone separate ways in many countries in Europe. I believe that both parties have lost basically by that because it has been a marginalization, mutual marginalization and I hold very dear to keep those relations.”