The Politics of Market Socialism, 3rd Jan., 2011.

Andrei Schleifer and Robert W. Vishny have an article in the Journal of Economic Perspectives, titled "The Politics of Market Socialism."

Under all forms of market socialism, from Lange (1936) to the present, the state ultimately controls the firms, and hence politicians' objectives must determine resource allocation. Market socialists have traditionally assumed that politicians will pursue an efficient resource allocation, and only paid lip service to the idea that the state becomes "bureaucratized." They dismiss the tragic socialist experience as irrelevant because totalitarian systems are not what they have in mind. Rather, market socialists count on a democratic socialist government that pursues efficiency. The question of what such a government will maximize is therefore absolutely central to the discussion of market socialism.