Post-capitalism includes a number of proposals for a new economic system to replace capitalism. According to some Classical Marxist and some social evolutionary theories, post-capitalist society may come about as a result of spontaneous evolution as capitalism becomes obsolete. Others propose models to intentionally replace capitalism. The most notable among them are anarchism and socialism.
Socialism, an economic system based on public or cooperative ownership of the means of production where production is carried out to directly produce use-value, that includes a moneyless form of accounting such as physical resource accounting or labor-time, and based on the direct production of utility rather than on the capitalist laws of accumulation and value. Some models of socialism imply economic planning for the allocation of the factors of production in place of capital markets, while other models of socialism retain market-based allocation of capital goods. Some Marxists believe Socialism would eventually in turn evolve into Communism.
Market socialism, a type of socialism based on socialization and public or cooperative ownership of the means of production, but retains monetary calculation and market competition and utilizes markets as the primary way of allocating the factors of production.