ABSTRACT
Because our participatory planning proposal creates a comprehensive economic plan, it can be easily confused with central planning, which is a different way to go about creating a comprehensive economic plan. A number of countries, beginning with the Soviet Union, engaged in central planning during the 20th century. And there should be no doubt that “real world” central planning fell far short of “best case” central planning in a number of ways. In Chapter 3 we present a “best case” version of central planning, a version that is as efficient and democratic as one can imagine, to be evaluated in Chapter 4.
