Preconditions for democratic planning and the role of prices

Originally published at: https://participatoryeconomy.org/preconditions-for-democratic-planning-and-the-role-of-prices/

This fictitious dialogue brings together Michael Albert, Robin Hahnel, Nancy Fraser, Ellen Meiksins Wood, Ökonomix, and Socrates to discuss the foundations and preconditions of a democratic planned economy. At its core lies the question of how a Participatory Economy (Parecon) can organize the distribution of goods while explicitly rejecting markets. The conversation explores what conditions…