democratic socialism
/ˌdɛməkratɪk ˈsəʊʃəlɪz(ə)m/ /ˌdɛməkratɪk ˈsəʊʃ(ə)lɪz(ə)m/noun
A form of socialism pursued by democratic rather than autocratic or revolutionary means, especially by respecting a democratically elected legislature as the source of political change; (also more generally) moderate or centrist socialism.
Origin
Mid 19th century; earliest use found in The Athenaeum. From democratic + socialism.