Mixed Socialist Economies
The notion of a mixed economy is not inclusive to capitalist economies - that is, economies structured upon capital accumulation and privately owned profit-seeking enterprises. Many different proposals for socialist economic systems call for a type of mixed economy, where multiple forms of ownership over the means of production co-exist with one another. For example, Alec Nove's conception of feasible socialism provides an outline for an economic system based on a combination of state-enterprises for large industries, worker and consumer cooperatives, private enterprises for small-scale operations, and individually owned enterprises.
Some proposals for market socialism involve a role for both economic planning and market forces in coordinating economic decisions.
The social democratic theorist Eduard Bernstein advocated a form of mixed economy, believing that a mixed system of public, cooperative and private enterprise would be necessary for a long period of time before capitalism would evolve of its own accord into socialism.
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Famous quotes containing the words mixed and/or socialist:
“All nature is a temple where the alive
Pillars breathe often a tremor of mixed words;
Man wanders in a forest of accords
That peer familiarly from each ogive.”
—Allen Tate (1899–1979)
“Democracy is the wholesome and pure air without which a socialist public organization cannot live a full-blooded life.”
—Mikhail Gorbachev (b. 1931)