Five Criteria to Evaluate Democratic Economic Planning Models

Simon Tremblay-Pepin

Review of Radical Political Economics, 2022, vol. 54, issue 3, 265-280

Abstract: This article reviews three models of Democratic Economic Planning, those of Pat Devine and Fikret Adaman, Michael Albert and Robin Hahnel, and Paul Cockshott and Allin Cottrell. Part of a larger research project aiming to merge certain features of these models, this article proposes five criteria to evaluate them. Following a proposal made by David Laibman, it adopts the organization and regulation criteria and add three others to them: limitation, formalization, and scope. Finally, the article offers a brief analysis of the models from those criteria. JEL Classification: P20, P51, B51

Keywords: democratic economic planning; Pat Devine and Fikret Adaman; Michael Albert and Robin Hahnel; Paul Cockshott and Allin Cottrell; negotiated coordination; participatory economics; postcapitalist models (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:sae:reorpe:v:54:y:2022:i:3:p:265-280

DOI: 10.1177/04866134221093747

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