Market Socialism: Difference between revisions

{{Ideology

|themecolor = #ffffff

|textcolor = #ec1d26

|title = [[File: Marketsoc.png]] Market Socialism

|image = Marketsocialism.png

|caption = "for the last time! markets CAN exist in socialism!"

|aliases = MarkSoc <br> [[File:Lange.png]] Lange-Lerner Model <br>

[[File: Cooperative Socialism.png]] Cooperative-Based Socialism <br>

[[File: Cooperative Capitalism.png]] Coop-capitalism (By anti-market socialists) <br>

[[File: Neo-Wolffism.png]] Neo-Wolffism <br>

Mill Model <br>

[[File:Gorb.png]] Gorbachevism

|alignments =

[[File: Leftunity.png]] [[:Category:Left Unity|LeftUnity]]<br>

[[File: Soc.png]] [[:Category:Socialists|Socialists]]

|influences =

[[File: Ricardosoc.png]] [[Ricardian Socialism]]

|influenced =

[[File: Libms.png]] [[Libertarian Market Socialism]] <br>

[[File: Tito.png]] [[Titoism]] <br>

[[File: Liberalsoc.png]] [[Liberal Socialism]]

|definition =

|song =

|theorists = John Stuart Mill (1806-1873)

|likes =Co-ops

Stoicism

|dislikes =When someone says socialism can't have markets

People mistaking me for democratic socialism or state capitalism

}}

'''Market Socialism''', clipped to '''MarkSoc''', is an economically [[File:Leftunity.png]] [[:Category:Left Unity|left-wing]] ideology that is unique as a leftist ideology in that it is one of the few that views markets as beneficial. Market Socialism was born in the 18th Century, when what would later be known as [[File:Clib.png]] [[Classical Liberalism]] and [[File:Mutalist.png]] [[Mutualism]] had their first lovechild, who was first written about in ''The Wealth of Nations'' by Adam Smith.

MarkSoc wants widespread workers' self-management within the framework of a market economy. Each worker can either directly own their workplace or vote to elect their managers.

==History==

Market Socialism emerged as a response to [[File:Clib.png]] [[Classical Liberalism|classical liberalism]], in fact, the most widely known Market-Socialist literature, ''the Principles of a Political Economy'' is a series of essays by John Stuart Mill as a direct response to ''the Wealth of Nations.''

==Conceptions==

===Employee Funds===

The wage-earner fund was a proposal by Rudolf Meidner to transition from a [[File:Cap.png]] [[Capitalism|capitalist]] economy to a [[File:Marketsoc.png]] market socialist one. The companies with more than 50 employees would have 20% of their profits taxed to allow the funds to buy up shares in the companies. Since the trade union representatives control those funds, collective employee ownership will be possible after two decades.

===[[File:Cooperative Socialism.png]] Illyrian model===

Prominent economists in [[File:Tito.png]] Yugoslavia, such as Jaroslav Vaněk and Branko Horvat, advocated for this type of Market Socialism. Workers would be the owners in their enterprises, and daily management would abide by one worker, one vote principle. Profits from the worker co-ops will directly compensate the employees within. Each labor-managed firm will compete in open and free markets, and they may be able to form cooperative federations. It's possible to have a [[File:Lfree.png]] laissez-faire form of market socialism with this.

===[[File:Tito.png]] [[Titoism|Titoism / Self-governing socialism]]===

Like the Illyrian model, workers' self-management was also implemented. The difference was that government intervention in the economy was far-reaching. The workers didn't own the firms they worked in, or as the 1974 constitution put it, "...no one has rights of ownership over the social means of production..." Like many other Market Socialists, Titoism believed in a [[File:Welf.png]] [[Welfarism|strong welfare state]] for the citizens.

===[[File:Lange.png]] Lange-Lerner Model===

There would be a market for final goods, while the state owns the means of production. The government will set prices for capital goods by trial and error until they reach the equilibrium between supply and demand. The workers would still democratically manage the state-owned enterprises, and there would be social dividends thanks to the socially-owned capital and natural resources.

==Personality and Behaviour==

MarkSoc is quite disdainful of other, more radical socialists, as well as [[File:Cap.png]] [[Capitalism|capitalists]]. They look down on other [[File:Leftunity.png]] [[:Category:Left Unity|leftist]] ideologies for preventing the beneficial aspects of markets from proliferating in a [[File:Soc.png]] [[Socialism|socialist]] system, as well as looking down on [[File:Rightunity-yellow.png]] [[:Category:Right Unity|rightist]] ones for the perceived corruption and suffering in their systems.

MarkSoc thinks they are the ultimate ideology and insists on everyone reading 1000 pages of economic theory to prove their point. They sometimes get caught up in their own self-importance, but they truly care about trying to help the workers of the world.

==How to Draw==

{{Flag|Marksoc_flag.svg}}

#Draw a ball.

#Fill the ball white.

#Draw at the top a red hammer.

#Below that, draw two red arrows crossing each other.

#Below that, draw a red star.

# Add the eyes, and you're done!

{{Flag-auto

|c1 = Red

|h1= #EC1D26

|c2 = White

|h2 = #FFFFFF

}}

==Relationships==

===Friends===

*[[File:Dsa.png]] [[Democratic Socialism]] [[File:Demsocstar.png]] - They're fellow socialists and supporters of cooperatives.

*[[File:Mutalist.png]] [[Mutualism]] - My more wacky influence.

*[[File:Libms.png]] [[Libertarian Market Socialism]] - My freedom-loving descendent.

*[[File:Socdem.png]] [[Social Democracy]] - Good friends of mine, although they're still capitalists. I̶’̶m̶ ̶t̶h̶e̶ ̶k̶e̶y̶ ̶t̶o̶ ̶w̶h̶a̶t̶ ̶y̶o̶u̶ ̶w̶a̶n̶t̶

*[[File:Nordmodel.png]] [[Nordic Model]] - Same as above.

*[[File:Distributist.png]] [[Distributism]] - Pretty much on the same page, but they're a little more religious than I am.

*[[File:SocDist.png]] [[Social Distributism]] - A good friend of mine.

*[[File:Tito.png]] [[Titoism]] - Most successful form of me.

*[[File:Goulash.png]] [[Goulash Communism]] - The market reforms to improve living standards are good, but you could've incentivized more workers' self-management.

*[[File:Yellsoc.png]] [[Yellow Socialism]] - A bit too reactionary social-wise, but otherwise he's cool.

===Frenemies===

*[[File:Cap.png]] [[Capitalism]] - Sorry dude, your markets are cool, but your bosses are not. We also both like Adam Smith but for very different reasons.

*[[File:Clib.png]] [[Classical Liberalism]] - Same as above, I also enjoy Smith's works, but you're still a capitalist.

*[[File:Lib.png]] [[Liberalism]] - We share a lot of the same ideals, but not practical solutions.

*[[File:Demcr.png]] [[Democratism]] - Soon.

*[[File:Social corpratism.png]] [[Social Corporatism]] - Better than regular [[File:corptism.png]] corporatism, but still too hierarchic.

===Enemies===

*[[File:Fash.png]] [[Fascism]] - A corporatist economy is not even close to what I advocate for, especially with the class collaboration that it requires.

*[[File:ML.png]] [[Marxism–Leninism]] - I fit the official definition of "Socialism" so stop calling me a fake socialist!

*[[File:Stalin.png]] [[Stalinism]] - I AM SOCIALIST, OK?

*[[File:Hoxha.png]] [[Hoxhaism]] - Stop calling any socialist ideologies that stray even slightly further from Stalinism revisionist!

*[[File:Dengf.png]] [[Dengism]] - YOU ARE NOT ME! YOU ARE [[File:Statecap.png]] [[State Capitalism|State Capitalist]]!

*[[File:corptism.png]] [[Corporatism]] - My opposite.

*[[File:Statecap.png]] [[State Capitalism]] - Stop pretending to be me we are pretty different.

*[[File:LeftCom.png]] [[Left Communism]] - Why do you hate me?

==Further Information==

===Literature===

*''[http://www.ibiblio.org/ml/libri/s/SmithA_WealthNations_p.pdf The Wealth of Nations]'' by [[wp:Adam Smith|Adam Smith]]

*[https://eet.pixel-online.org/files/etranslation/original/Mill,%20Principles%20of%20Political%20Economy.pdf Principles of Political economy] by [[wp:John Stuart Mill|John Stuart Mill]]

*[https://www.laits.utexas.edu/poltheory/jsmill/cos/cos.c01.html Chapters on Socialism] by [[wp:John Stuart Mill|John Stuart Mill]]

*[https://www.jstor.org/stable/2967660?seq=1 On the Economic Theory of Socialism] by Oskar Lange

*[https://www.amazon.com/Market-State-Community-Theoretical-Foundations/dp/0198278640 Market, State, and Community: Theoretical Foundations of Market Socialism] by David Miller

*[https://www.amazon.com/Why-Market-Socialism-Voices-Dissent/dp/1563244667 Why Market Socialism?: Voices from Dissent] by ''Frank Roosevelt'', ''David Belkin'', and ''Robert L. Heilbroner'' (1994)

*[https://www.academia.edu/23023501/_David_Schweickart_After_Capitalism_New_Critical_Book4You_ After Capitalism] by ''David Schweickart''

*[http://www.inlimbo.ie/summaries/long/democracy.pdf Democracy at Work: A Cure for Capitalism] by ''Richard D. Wolff''

*[https://www.amazon.com/Private-Government-Employers-Lives-about/dp/0691192243/ref=sr_1_1?dchild=1&keywords=Private+Government%3A+How+Employers+Rule+Our+Lives+%28and+Why+We+Don%27t+Talk+about+It%29+by+Elizabeth+Anderson&qid=1623350198&s=books&sr=1-1 Private Government: How Employers Rule Our Lives (and Why We Don't Talk about It)] by ''Elizabeth Anderson''

===Online Communities===

*[https://www.reddit.com/r/Market_Socialism r/Market_Socialism]

*[https://www.reddit.com/r/Supercapitalists/ r/Supercapitalists]

===Wikipedia ===

*[[wp:Market socialism|Market Socialism]]

*[[wp:Market economy#Socialism|Market Socialism Economy]]

*[[wp:Laissez-faire#Socialism|Laissez-Faire Socialism]]

*[[wp:Lange model|Lange Model]]

*[[wp:Economy of the Socialist Federal Republic of Yugoslavia|Economy of SFRY]]

*[https://en.wikipedia.org/wiki/Socialist_self-management Socialist self-management]

*[[wp:Labor theory of value|Labor theory of value]]

====People====

*[https://en.wikipedia.org/wiki/Louis_Blanc Louis Blanc]

*[https://en.wikipedia.org/wiki/John_Stuart_Mill John Stuart Mill]

*[https://en.wikipedia.org/wiki/Branko_Horvat Branko Horvat]

*[https://en.wikipedia.org/wiki/Jaroslav_Van%C4%9Bk Jaroslav Vaněk]

*[https://en.wikipedia.org/wiki/Richard_D._Wolff Richard D. Wolff]

===Videos===

*[https://www.youtube.com/watch?v=8pjpS0q9efw AskProfWolff: What is the difference between market socialism and centralized socialism?] by [https://www.youtube.com/channel/UCB-5u8VgFc_TI1aAj8_SmDA RichardDWolff]

*[https://www.youtube.com/watch?v=ZfaFriFAz1k Can We Do It Ourselves?] by [https://www.youtube.com/channel/UCPiuwtFBoCkSEhtF_D8lQcA Friatidningar]

==Gallery==

<gallery widths="185">

DualityofMarkSoc.png|Annoyed MarkSoc

Rdjhrbdhi8o41.png

2t8ryuzs8wa41.png

</gallery>

{{Leftunity}}

{{Socs}}