"Bush campaign ads using team"

[eppie]

The sphere of economics he is talking about is the economy of a whole country.  In that case, some industries may get run by the government, some may have no government in them at all, and some may have both the government and people running the companies making decisions about the economics, for example governments having some say in how utility companies are run, how much they charge, etc.  These are exaples of "combined" socialism and market economy. 

Also, some people talk about socialism as a mixed economy and use communism for what you describe.

And that is what we used to have. Things like energy, water, trains, mail etc. used to be done by state-owned company. And I can tell you one thing. The way it is now (all these companies privatized) is a lot worse.
The idea (to lett more companies arrange let's say the energy) seems nice, but the only thing that's good is that it has gotten a bit cheaper. Disadvantages: you get killed by advertisements, the management of these companies get rich, all normal workers get thrown out so there is a lot less work and the service only go worse. BTW if the govermnet has higher prices, so what?? At least the money goes to the government that can do other things with it. Also our companies (commercial) were doing better than they do today, so so much better this market economy isn't. It is just like you see in Russia, China, the US, that it is mostly very good for the rich people.