Originally published at: https://participatoryeconomy.org/the-participatory-economy-model-and-the-shortcomings-of-economic-models/
The Participatory Economy model is the most concrete and elaborate proposal for how an alternative non-authoritarian democratically planned economy could function presented so far. Since its first presentation, it has been discussed, further developed and scrutinised in numerous subsequent books, articles, panel discussions, and debates on various forums. However, just like any other economic model,…
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