Cornel Ban and Jacob Hasselbalch published a large-audience version of their academic article published in New Political Economy last December. This shorter and more accessible text is published in Phenomenal World and is available in open access. It argues in favor of indicative planning integrated into a mixed economy to make it more durable and sustainable.
Here’s an excerpt of the introduction of the text:
Existing states can plan the coming energy transition despite the power of private capital—multinational corporations, credit rating agencies, sovereign bond investors, and global institutional investors—constraining them. In fact, planning may be the most direct route to states reclaiming power over private capital for public purposes.
Our suggested approach is more indicative in nature. It is responsive and complementary to political institutions, rather than supplantive of them in the way so many twentieth-century programs for the transition to socialism attempted to be. It is a continuation of the longstanding tradition of indicative planning in post-war societies, largely forgotten during the era of neoliberalism.
The full text is available here: https://www.phenomenalworld.org/analysis/indicative-planning/