Comparing different models of socialist democratic planning: a response to Adaman and Devine

Abstract

In the previous issue of Studies in Political Economy (103, no. 2), Fikret Adaman and Pat Devine critically compare their postcapitalist model “negotiated coordination” with the model known as “a participatory economy,” which Michael Albert and I have espoused. In this paper, I respond to some of their criticisms and present some criticisms of their model and approach as well.