Prices in a Participatory Economy

The popular What’s Left of Philosophy podcast reviewed the post-capitalist model of a Participatory Economy in a recent episode. What did they think? What did they get right? What did they miss? Mitchell, Robin and Antti respond.Their original podcast episode: 76 | For and Against Participatory Planning & Economics https://pod.link/1544487624/episode/31482463f30a531308e53796a8e75250What’s Left of Philosophy podcast is described as a theory podcast from the left. Four friends discuss philosophy, politics, and culture. Website: https://www.leftofphilosophy.com/Support the showWebsite: https://www.ParticipatoryEconomy.orgYouTube: https://www.youtube.com/c/ParticipatoryEconomyTwitter: https://twitter.com/pareconomyFacebook: https://www.facebook.com/ParticipatoryEconomySupport Us: https://www.paypal.com/donate/…

It’s an age-old question: reform or revolution? Or, to put it another way, can welfare states be a laboratory for social change? in this episode of PEP talk we discuss the Meidner plan in Sweden in the 1970s, the Finnish welfare state and any lessons we can draw for establishing a full scale Participatory Economy.Support the showWebsite: https://www.ParticipatoryEconomy.orgYouTube: https://www.youtube.com/c/ParticipatoryEconomyTwitter: https://twitter.com/pareconomyFacebook: https://www.facebook.com/ParticipatoryEconomySupport Us: https://www.paypal.com/donate/…

Does climate change mean the end of economic growth? How is value even measured and what does the term ‘economic throughput’ mean? Do we need to de-growth or a steady state economy? Do we need system change and to replace capitalism in order to prevent cataclysmic climate change? All these questions are discussed in this episode of PEP Talk.Support the showWebsite: https://www.ParticipatoryEconomy.orgYouTube: https://www.youtube.com/c/ParticipatoryEconomyTwitter: https://twitter.com/pareconomyFacebook: https://www.facebook.com/ParticipatoryEconomySupport Us: https://www.paypal.com/donate/…

Second of a two-part episode recorded in London, UK. Mitchell interviews Robin Hahnel about a variety of different topics relating to a Participatory Economy.Support the showWebsite: https://www.ParticipatoryEconomy.orgYouTube: https://www.youtube.com/c/ParticipatoryEconomyTwitter: https://twitter.com/pareconomyFacebook: https://www.facebook.com/ParticipatoryEconomySupport Us: https://www.paypal.com/donate/…

First of a two-part episode recorded in London, UK. Mitchell interviews Robin Hahnel about a variety of different topics relating to a Participatory Economy.Support the showWebsite: https://www.ParticipatoryEconomy.orgYouTube: https://www.youtube.com/c/ParticipatoryEconomyTwitter: https://twitter.com/pareconomyFacebook: https://www.facebook.com/ParticipatoryEconomySupport Us: https://www.paypal.com/donate/…

PEP Talk host Mitchell interviews games designer Michael Hicks about his new game ‘Dissent on Mars’, where players can choose and experiment with the economic system they want for their colony on planet Mars. Players can choose between capitalism, central planning and democratic planning, which is based on and inspired by the Participatory Economy model.Wishlist Now on Steam: https://store.steampowered.com/app/2138560/Official Website: https://dissentonmars.comSupport the showWebsite: https://www.ParticipatoryEconomy.orgYouTube: https://www.youtube.com/c/ParticipatoryEconomyTwitter: https://twitter.com/pareconomyFacebook: https://www.facebook.com/ParticipatoryEconomySupport Us: https://www.paypal.com/donate/…

Why do we need prices in an economy and how are they generated differently in a Participatory Economy compared to a Capitalist Economy?This episode of PEP Talk is all about prices. What are “indicative prices'' in the annual participatory planning procedure? What are opportunity costs, social costs and “externalities”? What’s the problem with prices generated in capitalist economies and how are they more accurate in a Participatory Economy?Support the showWebsite: https://www.ParticipatoryEconomy.orgYouTube: https://www.youtube.com/c/ParticipatoryEconomyTwitter: https://twitter.com/pareconomyFacebook: https://www.facebook.com/ParticipatoryEconomySupport Us: https://www.paypal.com/donate/…

Karl Marx is the most cited author in the world. But what would Marx think of our post-capitalist vision of a Participatory Economy? In this episode Robin and Mitchell look at what Marxism is and how Marx relates to a Participatory Economy, an economy where workers self-manage their workplaces and keep the fruits of their labour.Support the showWebsite: https://www.ParticipatoryEconomy.orgYouTube: https://www.youtube.com/c/ParticipatoryEconomyTwitter: https://twitter.com/pareconomyFacebook: https://www.facebook.com/ParticipatoryEconomySupport Us: https://www.paypal.com/donate/…

Can a post-Capitalist socialist Economy exist without numbers? There are those who think it can. In this episode Mitchell, Robin and Antti are joined by accountant Anders Sandström (Author of Anarchist accounting) to discuss the topic of numbers in a socialist economy. Do we need numbers to measure the true social costs and opportunity costs of goods and services? Can everything be quantified, are there some things that simply can’t? Or are we doomed as Mark Twain once said to know ‘The Price of everything and the value of nothing’?Anarchist Accounting book: https://participatoryeconomy.org/book/anarchist-accounting/Support the showWebsite: https://www.ParticipatoryEconomy.orgYouTube: https://www.youtube.com/c/ParticipatoryEconomyTwitter: https://twitter.com/pareconomyFacebook: https://www.facebook.com/ParticipatoryEconomySupport Us: https://www.paypal.com/donate/…

Mitchell and Antti talk with Sean Michael Wilson about his graphic novel about a Participatory Economy, called “PareComic: The Story of Michael Albert and Participatory Economics”. 2023 marks the 10th anniversary of PareComic. What inspired him to write it? How has it faired? And what have been people’s reactions to it?Introduction by Noam Chomsky:“Parecomic is a graphic novel about something that affects us all: the system we live in—what’s wrong with it, and how we might be able change it for the better. Written by Sean Michael Wilson, and drawn by Carl Thompson, Parecomic is about Michael Albert—the visionary behind “participatory economics”—and his life’s struggle as a left-wing activist in the US.”Order the book: https://participatoryeconomy.org/book/parecomic/Sean Michael Wilson Website: https://seanmichaelwilson.weebly.com/parecomic.htmlSean Michael Wilson Youtube Channel: https://www.youtube.com/@boychildnew1/videosSupport the showWebsite: https://www.ParticipatoryEconomy.orgYouTube: https://www.youtube.com/c/ParticipatoryEconomyTwitter: https://twitter.com/pareconomyFacebook: https://www.facebook.com/ParticipatoryEconomySupport Us: https://www.paypal.com/donate/…