However, the Chinese government, especially in the manner in which their state run enterprises have been run post 1979 have indicated another method of socialism, wherein the state owns a significant stake in essential state run enterprises (education, oil exploration, transportation, health care), yet runs them similar to a capitalist system with the public as the collective owner.
Socialist economic systems can be divided into both non-market and market forms. Non-market socialism involves the substitution of factor markets and money with engineering and technical criteria based on calculation performed in-kind, thereby producing an economic mechanism that functions according to different economic laws from those of capitalism. Non-market socialism aims to circumvent the inefficiencies and crises traditionally associated with
capital accumulation and the profit system. By contrast, market socialism retains the use of monetary prices, factor markets, and, in some cases, the profit motive with respect to the operation of socially owned enterprises and the allocation of capital goods between them. Profits generated by these firms would be controlled directly by the workforce of each firm or accrue to society at large in the form of a social dividend. The feasibility and exact methods of resource allocation and calculation for a socialist system are the subjects of the socialist calculation debate.