Relevancy of modern democratic socialism to business environment

In the past few decades, supports towards idea of Democratic Socialism especially among youth has skyrocketed. The exiting Capitalist system which was adopted globally failed to narrow class gap and is being viewed as constant economic social exploitation by private companies. While iteration & Communism been regarded a major failure, it still yet be proven whether ideas will produce same outcome. main purpose this paper offer comprehensive study comprises its definitions, history, variations, explanation on how democratic socialism conducive business environment. Methodology – This qualitative research design paired with secondary sources data extraction for collection process. Findings Significance - fundamental development theory since can described not only one vaguest theories but also biggest potential community. provides at least clear definition what truly characteristics are. contributes body knowledge countries or governments managed successfully assimilate Democracy form put forward relevance practised in today’s world.