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social democracy is a political and social philosophy within socialism. As an economic ideology and policy regime, it is described by academics as advocating economic and social interventions to promote social justice within the framework of a liberal-democratic polity and a capitalist-oriented mixed economy.
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In a dramatic speech to a joint session of Congress, President Harry S. Truman asks for U.S. assistance for Greece and Turkey to forestall communist domination of the two nations. Historians have often cited Truman's address, which came to be known as the Truman Doctrine, as the official declaration of the Cold War.
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