Whereas Socialists believe that no one should make a lot more money than anyone and that they use high taxes to keep that from happening and give that tax revenue to the less-fortunate. And to finance a massive welfare state, at least by American standards. A Libertarian Socialist would be a contradiction, if socialism was just about economic policy, but its not. Socialism is not just an economic policy, but a developed political ideology that also has other political views. Like on social policy, law enforcement and foreign policy.
Socialists and I’m not talking about Communists, because communism is a separate political ideology from socialism, tend to be liberal to libertarian on social issues. Just look at Sweden for example, a social democracy that has a lot of social freedom. And they tend to be dovish on law enforcement and foreign policy as well as isolationist on foreign policy like Libertarians. Classical Socialism or Marxism, tend to get mixed in with democratic socialism. Tends to get mixed up with liberalism. But liberalism is a different political ideology from both classical and democratic socialism. See, socialism is a diverse and multi-demential political ideology. Its more than an economic policy.
I’m not a Socialist in any form, classical, or democratic. Not even a Libertarian Socialist. I’m a liberal and been described as a Classical Liberal, but one thing that I respect about socialism is it’s diversity. There’s classical socialism, where the state owns the means of production in society. Meaning the economy. And then there’s democratic socialism with a private sector, but that’s highly taxed and regulated. Again by American standards, to finance a massive welfare state, again by American standards. It’s not just an economic policy, but a developed political ideology.