Looking Forward. By Michael Albert and Robin Hahnel

 Go to Table of Contents

 

  11. Conclusion and Transition

 

 

 

It is necessary with bold spirit and in good conscience to save civilization.... We must halt the dissolution that corrupts the roots of human society. The bare and barren tree can be made green again. Are we not ready?

 

-Antonio Gramsci

 

 

In the book you've just read we've described many details of a new economy, but of course much is still missing.

 

Occasionally we have dealt implicitly with an issue, but no explicit treatment appears. Other times, undoubtedly, we haven't had the foresight to recognize issues. More important, economics isn't everything and we have said practically nothing about kinship, culture, politics, ecology, and international relations. Here we note some of "what's missing" that requires further work.

 

Economics

 

There are many alternative approaches to organization and decision-making that might be employed in different versions of participatory economics. We have offered only an example or two in each instance. But there are other matters as well. One important question is whether there should be special institutional features to safeguard the ecology. Will self-management and the new motivations of participatory planning suffice? Or will additional structures be needed? Suppose people need to evaluate a major investment with long term environmental benefits but which makes contemporary work more onerous. In participatory planning each actor has a say, proportionate to the effect he or she feels. Who speaks for future generations?

 

Or suppose we discover in the year 2029 that a particular computer monitor damages the optic nerves of its users. Are people who used the monitor entitled to compensation? Should the planning process reassess work complexes for prior years and award those who worked with these monitors better than average complexes until equity is attained? If the answer is yes for the health damaging monitors, what about less extreme cases? Must there be a continual regrading of everyone's past contributions and recalculation of future responsibilities so that everyone bears a fair burden and enjoys a fair return in light of corrected evaluations of job complexes?

 

We also did not address the issue of children's budgets and economic rights. Should each additional child entitle his or her parent, parents, or guardians a whole new budget allotment or only a partial one? Should the size of the additional allotment vary with the age of the child? Should retired workers get a full budget allotment? What are the implications of different options for people's incentives to have children or retire? If dependents have rights regarding how their budgets are spent and if guardians/parents violate those rights, what recourse do dependents have? Could these matters be handled differently in different cultures or locales, or is only one solution consistent with equity, self management, and variety?

 

While we have described many aspects of a participatory economy, we did not model participatory planning mathematically or prove "convergence and efficiency properties." We refer readers concerned that it is impossible to generate indicative prices with the properties we claim for them, or that convergence and efficiency could not be achieved via participatory planning, to our companion volume, The Political Economy of Participatory Economics (Princeton University Press, 199 1). There we provide rigorous proofs of "convergence and efficiency properties" under diverse assumptions and discuss the relevance of conclusions based on such models. Similarly, we have not spent as much time as some readers might wish distinguishing our model from other more familiar systems based on central planning and markets. But the companion volume does this and we saw no need to repeat the arguments here.

 

We also refrained from reviewing historical experiences that bear on the feasibility and desirability of participatory economics. Yes, the discussion of Northstart Press is based on experiences of South End Press, this book's publisher, where, within the limits imposed by operating in a capitalist economy, participatory economic principles and procedures are enacted. But what about Mondragon in Spain, or the experience of the Spanish anarchists before the Second World War? What about experiments undertaken in China, Cuba, the Soviet Union, and Poland? What about employee-managed enterprises, cooperatives, or experiments in communal living in the U.S. and elsewhere? These undoubtedly harbor lessons that could help refine participatory economic vision. Examining such experiences to further understand economic equality, self management, and variety should, therefore, be a worthwhile undertaking.

 


A final critical matter addressed without practical evidence being offered is whether a participatory economy will really work. To verify a vision's worth certainly entails thinking hard about the vision and its components in the manner undertaken in this book. But before embarking on a full-scale construction involving a new physical or chemical design, serious people not only think hard about the situation, they also do experiments with simulations and/or scale models of partial implementations Following the same pattern, ways should be found to run simulations and to implement parts of participatory economics to test hypotheses about its rules and behavior and to verify its predicted features. Yet we have said little about these types of verification in this book. Moreover, in our companion volume, The Political Economy of Participatory Economics, while we describe a methodology for undertaking experiments and simulations, we do not undertake the tasks themselves. This work remains to be done

 

A particularly useful and manageable task would be to create a computer simulation to mimic the operations of a participatory economy. This would permit testing the effects of different assumptions about consumers' and producers' preferences and behaviors, different rules for revising proposals, different procedures for calculating indicative prices, etc. Such a program might also allow individual users to interact on their own PCs as if they were a consumer or producer in a participatory economy planning their economic involvements for a year. This could make more tangible the activities involved in participatory planning.