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Karl Marx never really spoke of state ownership. It was Lenin who equated state ownership with socialism.

Well Marx is pretty fuzzy when it comes to details. Lenin had to apply the theory to the real world.

So I guess that begs the question -- what other options for an economic system are there besides:

1) "free markets" / supply & demand / "capitalism" -- in other words individuals make their own decisions about producing and consuming.

vs.

2) some form of "centralized control" where decisions are made for individuals, "for their own good" of course. ;-)

I don't know that Marx ever had a satisfactory answer to this question.

(And yes I admit I get my Marx-Engles-Lenin-Trotsky mixed up sometimes.)