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Democratic Socialism.

Democratic socialism is a political philosophy that advocates political democracy alongside a socially owned economy, with an emphasis on workers' self-management and democratic control of economic institutions within a market, or some form of a decentralised planned socialist economy. Democratic socialists argue that capitalism is inherently incompatible with the values of freedom, equality and solidarity and that these ideals can be achieved only through the realization of a socialist society. Although most democratic socialists seek a gradual transition to socialism, democratic socialism can support either revolutionary or reformist politics as a means to establish socialism. As a term, democratic socialism was popularised by social democrats who were opposed to the authoritarian development of socialism in Russia and elsewhere during the 20th century.

https://en.wikipedia.org/wiki/Democratic_socialism

I underlined the important parts.