Integrating Investment and Annual Planning

Robin Hahnel and Allison Kerkhoff

Review of Radical Political Economics, 2020, vol. 52, issue 2, 222-238

Abstract: This article illustrates (1) how to determine an efficient division of output between aggregate consumption and aggregate investment in a way that is democratic and participatory, and (2) how annual and investment planning can be integrated to improve outcomes as more accurate information becomes available. The article is of general relevance to the literature on economic planning, but is of particular interest to a post-capitalist “model†known as “participatory economics.â€

Keywords: democratic planning; investment planning; socialist planning (search for similar items in EconPapers)
JEL-codes: B51 P21 (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:sae:reorpe:v:52:y:2020:i:2:p:222-238

DOI: 10.1177/0486613419854821

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