Semantics maybe but I'd say that working under a central planning system where you have no control or incentive is almost invariably not for the collective good. No one really benefits. Whatever system you choose to call it, that's the point that Deng Xiaoping (who was always an economic reformist, which earned him Mao's displeasure) took on board. The Chinese call it market socialism or "Socialism with Chinese characteristics" whereas others refer to it as state capitalism. In fact the official line is that, to move to a fully socialist economy requires an element of capitalism. I think we'd both agree that's bullshit.