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Full Description
Democratic Economic Planning presents a concrete proposal for how to organize, carry out, and integrate comprehensive annual economic planning, investment planning, and long-run development planning so as to maximize popular participation, distribute the burdens and benefits of economic activity fairly, achieve environmental sustainability, and use scarce productive resources efficiently. The participatory planning procedures proposed provide workers in self-managed councils and consumers in neighbourhood councils with autonomy over their own activities while ensuring that they use scarce productive resources in socially responsible ways without subjecting them to competitive market forces.
Certain mathematical and economic skills are required to fully understand and evaluate the planning procedures discussed and evaluated in technical sections in a number of chapters. These sections are necessary to advance the theory of democratic planning, and should be of primary interest to readers who have those skills. However, the book is written so that the main argument can be followed without fully digesting the more technical sections.
Democratic Economic Planning is written for dreamers who are disenamored with the economics of competition and greed want to know how a system of equitable cooperation can be organized; and also for sceptics who demand "hard proof" that an economy without markets and private enterprise is possible.
Contents
Introduction
Part I: Preliminaries
1. Defining Goals
2. Social Democratic Capitalism
Part II: Central Planning
3. Central Planning: How to do it
4. Central Planning: Why not to do it
Part III: Participatory Economics
5. Participatory Economics in Brief
6. Digging Deeper into Participatory Economics
7. The Annual Participatory Planning Procedure
8. Computer Simulations of Participatory Planning
9. Reproductive Labor
Part IV: Investment Planning
10. Aggregate Investment Planning
11. Comprehensive Investment Planning
Part V: Long-Run Development Planning
12. Participatory Education Planning
13. Participatory Environmental Planning
14. Participatory International Economic Planning
15. After the Plan: Dispelling Common Confusions
Conclusion
