Karl Marx

Market Socialism

 

Market socialism is Socialism with some level of limited use of or participation in Capitalism within specific sectors.

 

Market socialism is a transitional phase between Capitalism and Socialism.  

 

Note:

No state has ever successfully achieved either of the two primary forms of Socialism, because no economy has ever survived the total destruction of a Market Economy / Capitalism in an effort to implement a Command or Planned Economy. It is easy to see why states might gradually implement (see Incrementalism, Gradualism, and The Communist ManifestoSocialism or Market Economics through Market Socialism as it gives the impression of testing the effect of the unused economic system.  

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