Market Socialism
Combines social or worker ownership with market exchange. Prices can coordinate production without giving private capital owners final control over enterprises.
Foundational doctrines
- Social ownership
- Market exchange
- Worker control
- Economic democracy
Disagreement and variation
Cooperative, public-fund, and labor-managed models differ over investment, risk, and whether competitive firms can maintain democratic workplace relations. Public-fund, cooperative, and labor-managed models differ. Market allocation does not itself imply private capitalist ownership.
Numerical positions in the interactive model are editorial reference estimates, not scientifically validated measurements.