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 the most commonly implemented form of Socialism and is likely a transitional phase from Capitalism to Socialism, or a “trial run” to test the potential success of Socialism.

 

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 or Capitalism in an effort to implement a Command or Planned Economy. It is easy to see why states gradually implement (see Incrementalism and The Communist Manifesto) Socialism through Market Socialism.  

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