Abstract
In Economic Democratic Planning Robin Hahnel rearticulates and defends the model of participatory planning he developed with Michael Albert. This paper develops three lines of criticism of the model. It argues that the model’s principle of distribution of income among workers according to a metric of effort would involve pervasive surveillance of persons and potential humiliation. The use of a price metric of opportunity costs and cost-benefit analysis in the allocation of resources fails to address the implications of value-pluralism and incommensurability for their allocation. In response to Hahnel’s criticism of those who argue that environmental constraints entail limits to economic growth, it argues that we need to take those constraints more seriously than he does. The paper focuses on the second and third area of disagreement by placing those differences within the wider history of the socialist calculation de-bates and ecological economics.
Original language | English |
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Pages (from-to) | 27-48 |
Journal | Erasmus Journal for Philosophy and Economics |
Volume | 17 |
Issue number | 2 |
DOIs | |
Publication status | Published - 1 Dec 2024 |
Keywords
- economic growth
- ecological economics
- income distribution
- growth
- incommensurability
- socialist calculation