Philosopher with room to embrace fine policy (8)
I believe the answer is:
platform
'policy' is the definition.
(I have seen 'political policy' mean 'platform' so perhaps 'policy' could also mean 'platform')
'philosopher with room to embrace fine' is the wordplay.
'philosopher with' becomes 'plato' (I can't justify this - if you can you should give a lot more credence to this answer).
'room' becomes 'rm' (abbreviation for room).
'to embrace' indicates putting letters inside.
'fine' becomes 'f' (abbreviation).
'plato'+'rm'='platorm'
'platorm' going around 'f' is 'PLATFORM'.
Can you help me to learn more?
(Other definitions for platform that I've seen before include "Oil rig < level being raised" , "Supporting structure" , "Raised flooring or stage" , "Stage, podium" , "Shoe with a high, thick sole" .)