Five Criteria to Evaluate Democratic Economic Planning Models

Abstract

This article reviews three models of Democratic Economic Planning, those of Pat Devine and Fikret Adaman, Michael Albert and Robin Hahnel, and Paul Cockshott and Allin Cottrell. Part of a larger research project aiming to merge certain features of these models, this article proposes five criteria to evaluate them. Following a proposal made by David Laibman, it adopts the organization and regulation criteria and add three others to them: limitation, formalization, and scope. Finally, the article offers a brief analysis of the models from those criteria.