Market Socialism Quotes

A fundamental contradiction does not exist between socialism and a market economy.

Indeed, if communist central planners could have organized the economy with as much detail, precision, and flexibility as a modern-day Toyota or Wal-Mart, communism would probably still exist.

The system that would stand midway between capitalism and socialism.

Socialism with a human face.

There are different ways to organise capitalism. Free-market capitalism is only one of them-and not a very good one at that.

In our discussions here at the forum there was no trace of the futile debate about what is better, capitalism or socialism...We should seek a synthesis of ideas and values that have proven their viability.

Two-thirds of a century after [The Road to Serfdom] got written, hindsight confirms how inaccurate its innuendo about the future turned out to be.

No company fails in communist China, because they're all partly owned by the government.

You can't imagine a free market coupled with a dictatorship.

Impotence therefore faces both those who believe in what amounts to a pure, stateless, market capitalism, a sort of international bourgeois anarchism, and those who believe in a planned socialism uncontaminated by private profit-seeking. Both are bankrupt. The future, like the present and the past, belongs to mixed economies in which public and private are braided together in one way or another. But how? That is the problem for everybody today, but especially for people on the left.