The discussion revolves around the cancellation of periods in the context of angular displacement and Kepler's Third Law, which states that the square of a planet's orbital period is proportional to the cube of its orbit radius. Participants seek clarification on why periods can be canceled algebraically in the equations presented. The relationship is established by introducing a constant of proportionality, allowing the fractions of orbital radius and period to be set equal to each other. This proportionality holds true for any pair of planets, as demonstrated by Kepler's empirical findings and later proven by Newton's gravitational theory. The conversation emphasizes the mathematical foundation behind these relationships in celestial mechanics.