Incomplete and oversimplified.

“As a democratic socialist definition, the political scientist Lyman Tower Sargent states:

Democratic socialism can be characterised as follows:

Much property held by the public through a democratically elected government, including most major industries, utilities, and transportation systems.

A limit on the accumulation of private property.

Governmental regulation of the economy.

Extensive publicly financed assistance and pension programs.

Social costs and the provision of services added to purely financial considerations as the measure of efficiency.

Publicly held property is limited to productive property and significant infrastructure; it does not extend to personal property, homes, and small businesses. And in practice in many democratic socialist countries, it has not extended to many large corporations.

i.e. no communal ownership of private property, no total worker control of markets and the means of production. i.e. not Socialism.