Abstract
Abstract This chapter attempts to answer the fundamental question whether consistent market socialism is compatible with the dominant position of public (state) ownership of the means of production. The simple answer is straightforward: if consistent market socialism (MS) requires full independence of enterprises—it is incompatible with state ownership or any other external type of ownership. But is there a possibility of sharing ownership rights? The discussion of this question is presented in considerable detail in the chapter with the conclusion that the requirement may not be of absolute renunciation of public ownership but certainly that of renunciation of any form of ownership doctrinairism. In this sense, the economic system becomes open‐ended.
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