Market socialism

Market socialism is a type of economic system involving social ownership of the means of production within the framework of a market economy. Various models for such a system exist, usually involving cooperative enterprises and sometimes a mix that includes public or private enterprises. In contrast to the majority of historic self-described socialist economies, which have substituted some form of economic planning for the market mechanism, market socialists wish to retain the use of supply and demand signals to guide the allocation of capital goods and the means of production.

Extends: [Market socialism](https://wikipedia.org.ai/Market socialism), [Comparative economic systems](https://wikipedia.org.ai/Comparative economic systems), [Economic ideologies](https://wikipedia.org.ai/Economic ideologies), [Libertarianism by form](https://wikipedia.org.ai/Libertarianism by form), [Neoclassical economics](https://wikipedia.org.ai/Neoclassical economics)