👉The table of contents so far is here.
Chapter 15: Economic Transition Planning
15.5. Notification and trial implementation
A fundamental shift in an economic system significantly impacts the entire cycle of production, distribution, and consumption, making it prone to economic disruption. This is especially true with shock therapy-style transitions, but disruption can also occur with gradual methods.
While there are no technical measures to completely prevent such transitional disruption, minimizing it as much as possible requires implementing notification and trial implementation procedures at each stage of the transition.
Notification and trial implementation involve explaining the overall process and specific measures in the transition, ensuring full information disclosure, and then proceeding with the transition process while experimentally implementing each measure.
Among these, notification, which involves information disclosure, is a crucial key to minimizing disruption during the transition. This is because economic actors, including individuals, can anticipate and prepare for what is to come through notification. In this sense, being notified can be considered a right for all economic actors.
There are two main types of notifications: those for specific industries and those for individual households. However, simply publishing a single notice in a public bulletin or on an official website is insufficient; both require written documentation and individual distribution. This is why they are called "notifications."
Notifications for industries aim to encourage businesses to proactively prepare for the transition through a circular document detailing the mechanisms and transition process of a sustainable planned economy.
Notifications for individual households aim to alleviate anxieties by distributing booklets that clearly explain the mechanisms of production, labor, and overall life under a sustainable planned economy to all households.
Based on these notifications, individual measures in the transition process will be implemented systematically. These transition measures may remain theoretical exercises or be actually implemented; the latter may be implemented partially or fully.
In that sense, the measures during the transition period are experimental, but within the three stages of the transition process—transition period → initial phase → completion phase—the transitional period is the most experimental, followed by the initial phase and completion phase, which are envisioned as moving towards full implementation.
👉The papers published on this blog are meant to expand upon my On Communism.
