Get access to The Backroom exclusive podcast by becoming a Patron:  ⁠⁠⁠https://www.patreon.com/OneDime⁠ This episode of the 1Dime Radio podcast is all about the specifics of planning the economy under Socialism. For this episode, I am joined by Ferdia O'Driscoll, founder of Bright Age and Beyond and the YouTube channel formerly known as "After The Oligarchy." ⁠Ferida is also a co-founder of The International Network for Democratic Economic Planning⁠. Check out his YouTube channel: https://www.youtube.com/c/aftertheoligarchy International Network for Democratic Economic Planning: ⁠⁠ ⁠https://www.indep.network/ Follow Ferida on Twitter: https://x.com/BrightAgeBeyond Follow me on Twitter: ⁠⁠⁠⁠⁠⁠⁠⁠⁠https://twitter.com/1DimeOfficial⁠⁠⁠⁠⁠⁠⁠⁠ 00:00 The State of the Socialist Movement 13:07 Democratic Economic Planning 25:29 Misconceptions in Socialist Planning 34:43 Problems with Richard Wolff's Market Socialism 01:13:39 The Role of Cybernetics 01:16:17 Decentralization vs. Centralization 01:23:32 Participatory Economics 01:44:22 Consumer Goods and Services 02:03:26 Human Incentives Under Socialism 02:11:48 Conclusion and Future Discussions Outro Music by Karl Casey Be sure to give 1Dime Radio a 5-star rating if you enjoyed the show!