Strategies for a desirable society by michael albert. Participatory economics parecon and inclusive democracy takis fotopoulos introduction although michael albert, in his new book parecon, life after capitalism, 1 follows the troublefree path of comparing parecon with the disastrous central planning system and. Parecon would be a grave threat to their control, and one that would also inspire workers, because parecon truly is a necessary and sufficient condition for the liberation of the working class. However, parecon would also rob the coordinator class of their class privileges. In this highly praised new work, destined to attract worldwide attention and support, michael albert provides an answer. Michael albert s book made it to number thirteen on a few days after some online promotion.
In the system, the say in decisionmaking is proportional to the impact on a person or group of people. Participatory economics pareco inclusive democracy. This paper by michael albert, published alongside three others, is one of many proposals for a systemic alternative published at the next system project. New perspectives on economic democracy london, on, canada. Michael albert s parecon david schweickart loyola university chicago january 16, 2006 what are we to make of the parecon phenomenon. But perhaps even more influential than chomsky, in terms of constructing anarchist ideology, is michael albert, cofounder of zmagazine, the znet website, and south end press. Albert s ideas, which he calls parecon participatory economics, have become a sort of theoretical basis for an entire school of. The political economy of participatory economics albert, michael, hahnel, robin on. Participatory economics is a form of socialist decentralized planned economy involving the common ownership of the. And since the left is a thoroughly coordinatorclass left, parecon is a. Ethan miller and michael albert, postcapitalist alternatives. Request pdf on oct 1, 2005, miriam kennet and others published parecon. Participatory economics, parecon for short, a new economy, an alternative to capitalism, built on familiar values. There is an excellent debate between michael albert and british marxist alex callinicos on the znet website, covering much of the ground of parecon.
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