Similar to the American limousine liberal, latte liberal, Australian chardonnay socialist and French "gauche caviar," this term is used to describe one who is both rich and a political leftist, particularly a social democrat.
John was a cocktail socialist. He indulged in expensive real estate, travel and fine wines, but drove a hybrid car with a Greenpeace bumper sticker.
by mute_soul October 1, 2006