Private Ownership of Social Rules is Inherently Anti-Democratic
Remember, the social Democrats sided with the Nazis over the socialists. They’ve done it every time they’ve been given the opportunity, and will continue to do so as many times as people fall for their shtick.
“The master's tools will never dismantle the master's house."
-Audre Lorde
If you heavily regulated companies, nationalize every major public service, place an upper cap to overall wealth for any one individual, eliminate inherited wealth and redirect all available resources to public education, health care, housing and UBI .... then democracy could exist in a capitalist system.
But chances are we'll more likely start WWIII with nuclear weapons than do any of that.
the difference between capitalism and socialism is whether companies are privately or publicly owned, so while it looks similar, it's really not the same. this would be a social democratic society, and therefore not socialist
socialism, by definition, means that "companies" are publicly owned. so while this would be a good start for a socal democratic society, its nowhere near democratic socialism or even communism