Dhaka, Dec. 29 -- At one time, not so long ago, market socialism was a laughable idea, considered almost as an oxymoron. The two words, market socialism, conveyed a classic case of mutual contradiction. Among the most important requirements of establishing a Marxist socialist system were the two that pertained to abolition of private property and the replacement of capitalist free market by central planning. In fact, it was a single requirement, the first led to the second because when every asset is owned by the state there is no need for market to buy and sale. In spite of this cardinal Marxist tenet remnants of capitalist market remained after the establishment of Marxist socialist states e.g., in Russia during the New Economic Plan (N...