“Public ownership, top-down.”
State Socialism places major industries and economic planning under government control, aiming to distribute resources equitably. While not always purely Marxist-Leninist, it relies on authoritarian structures to enforce collective ownership.
After World War II, Josip Broz Tito established the Socialist Federal Republic of Yugoslavia, which diverged from the Soviet model by introducing 'workers' self-management. ' While the Yugoslav economy remained planned, factory workers had some local decision-making power, and small-scale private farming was allowed.