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A contemporary model for a self-managed, non-market socialism is Pat Devine 's model of negotiated coordination. Negotiated coordination is based upon social ownership by those affected by the use of the assets involved, with decisions made by those at the most localised level of production.he major characteristics of socialism (particularly as conceived by Marx and Engels after the Paris Commune of 1871) are that the proletariat will control the means of production through a workers' state erected by the workers in their interests.
Socialism is an economic system where the ways of making money are owned by a society as a whole, meaning the value made belongs to everyone in that society, instead of a group of private owners. People who agree with this type of system are called socialists. There are two ways socialists think that society can own the means of making wealth: either the state is used or worker-owned cooperatives are used. Another important belief is that management and sharing are supposed to be based on public