Market Socialism
Same market, new owners.
Market socialists keep prices, competition and shopping. What changes is who owns the companies: the workers, co-ops or the public, not private investors. Firms still compete, but the profits get shared by the people doing the work. Spain's Mondragon co-ops are the go-to real-world example.
What they'd say
Markets are a tool. Shareholders are optional.
If you work there, you should own a piece of it.
Competition is fine. Billionaires aren't necessary.
Its 12-axis profile
Where it gets messy
Economists ask who takes risks and invests if no one has their own money on the line. Other socialists say keeping the market keeps the rat race.
Names to know
- Oskar Lange
- David Schweickart
- John Roemer
Its squad
Countries that think like this
No country in our data has Market Socialism as its closest match. It's more of an idea than a government, for now.
Is Market Socialism your type?
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How this works: every ideology sits at a typical spot on the 12 axes, set by us, not copied from anywhere. Match percentages are 100 minus the average gap across all 12 axes. Countries are listed when this is the type closest to their own 12-axis profile.