Market socialism as viable alternative to neoliberalism

From this article. An excerpt:

"Political and economic thinking is currently dominated by neoliberal economic ideology and, in the mature capitalist societies, socialism as a counter ideology has weakened in the public consciousness. Market socialism, which blends public ownership with a market economy, is a practical political course involving a gradual reversion to public ownership, mutualisation and indicative planning. While market socialism has flaws, it is a step away from neoliberal policy and a movement towards social-democracy."