Settentrionalia wrote:Valles Marineris Mining co wrote:I don’t quite understand market socialism. Can somebody explain it to me? I know socialism is the govt owns the means of production and businesses, but private/personal property still exists, what is market socialism?
Market socialism if I remember correctly is a very moderated form of socialism in which the economic system is public property, and is directed through a semi-capitalistic market,
So basically the property is still technically of the state but the government allows for a lot of autonomy to its owners
I am not an expert on this specific ideology though so I might be wrong
So like you can vote your CEO and there is a free market but it’s all workers?