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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.

The latest issue of Catalyst is out and you can subscribe for just $20 using the code CONFRONTINGCAPITALISM: https://catalyst-journal.com/subscribe/?code=CONFRONTINGCAPITALISM

Also, don’t miss Jacobin’s May Day sale! Use the code MAYDAY2026R at checkout to get a yearlong digital subscription for $1, or $10 for the print edition: https://jacobin.com/subscribe/?code=MAYDAY2026R

Have a question for us? Write to us by email: confronting.capitalism@jacobin.com

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