Marx’s critique of political economy says you can’t have a half capitalist half socialist system like that. If there is any form of money or profit it will pool. It will become political power. It will oppress the socialist tendencies, and just like you see in America, it will privatize them over time. It will eventually destroy any gains you made socializing the economy.
Capitalism is a centralizing/monopolizing force, and under Marxism the goal is to benefit from that centralization materially, simply bring it under the dictatorship of the proletariat. There are so many passages in Marx and Engels about “economic anarchy” (describing free markets, not anarchism) vs the prosperity that comes from central planning, the nationalization of the imperialist monopolies.
I just don’t think you’ve read anything. I’m not even that read and I know this shit.
“The entire body of workers have a say in the process of central planning” - you can have a democratic system where you vote on planning, true, but it’s hardly non-authoritarian. Imagine if our democracy decided all the material goods you could consume and all the work you must do? Would you be satisfied? No, because democracy at its best is slow, ineffective, and ultimately authoritarian. It’s how you do things when you have no other choice, not how you want to live, eat, and breathe each day of your life. Democracy is not freedom. Anarchy is freedom. It’s only benefit is its not literal fascism.
You are a Bernstein-esq social democrat with Proudhon-esq mutualist and cooperativist elements. Not a Marxist. Not a socialist under any modern use of the term.
It is not, by definition, socialism. Socialism has other elements. Marx did not think it was socialism. He thought political economy also likely made it impossible, because it didn’t abolish capitalism. Socialism is the global abolition of capitalism in all its forms, capitalism being the private ownership of the means of production (a group of workers still privately owns a factory, its private unless its public), via all means it might re-emerge, it’s not a spectrum of redistribution of wealth or government intervention.