Throughout the 20th century, socialism came to be associated with both central planning and shortages. But could democratic ownership of the economy work alongside market competition?

On the latest episode of Confronting Capitalism, Vivek Chibber examines different models of socialism that might be viable in the 21st century.

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Confronting Capitalism with Vivek Chibber is produced by Catalyst: A Journal of Theory and Strategy and published by Jacobin. Music by Zonkey.