The document discusses the Decorator design pattern, which provides a flexible alternative to subclassing by allowing additional responsibilities to be attached to an object dynamically at runtime through the use of wrapper objects known as decorators. It provides an example of using decorators to modify a coffee order by adding condiments like milk and chocolate without exploding the number of classes. The key advantages of the Decorator pattern are that it allows extending functionality without modifying existing classes and supports adding multiple decorators to an object dynamically at runtime. Some disadvantages are that it can result in more smaller classes and increase complexity when instantiating decorated components.