Parecon

Overview

‘What do you want?’ is a constant query put to economic and globalization activists decrying current poverty, alienation and degradation. In this highly praised new work, destined to attract worldwide attention and support, Michael Albert provides an answer: Participatory Economics, ‘Parecon’ for short, a new economy, an alternative to capitalism, built on familiar values including solidarity, equity, diversity and people democratically controlling their own lives, but utilizing original institutions fully described and defended in the book. ...
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Overview

‘What do you want?’ is a constant query put to economic and globalization activists decrying current poverty, alienation and degradation. In this highly praised new work, destined to attract worldwide attention and support, Michael Albert provides an answer: Participatory Economics, ‘Parecon’ for short, a new economy, an alternative to capitalism, built on familiar values including solidarity, equity, diversity and people democratically controlling their own lives, but utilizing original institutions fully described and defended in the book.
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Editorial Reviews

From the Publisher
“... this participatory vision is what Albert successfully provides for activists and academics alike, with the hope that it will be used to inspire social projects aimed at defeating inequality and leading to people democratically managing their own lives.”—Rob Maguire, ZNet

Parecon is a pragmatic and visionary programme that would certainly boost human freedom; we ought at least to try it out.”—Red Pepper

“an imaginative, carefully reasoned description, persistently provocative, of how we might live free from economic injustice.”—Howard Zinn

“It merits close attention, debate, and action.”—Noam Chomsky

“Albert is ideally suited to synthesizing all the strands running through the anti-capitalist movement.”—The Ecologist

Parecon is a brave argument for ... a much needed ... more equitable, democratic, participatory ... alternative economic vision.”—Arrundhati Roy

“A historically informed and logical economic blueprint with the practicality of a hand-tool, and a vision guided by the desire to find nobility in work.”—Kirkus Reviews

“He is advocating a top to bottom economic revolution.”—Library Journal

“Capitalism not working for you? Michael Albert may be tilting at windmills, but readers are flocking to his book on a system to spread the wealth and work.”—Los Angeles Times

“an important contribution to the imaginative tools for everyone who wants to dismantle capitalism.”—International Socialism

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Product Details

  • ISBN-13: 9781844675050
  • Publisher: Verso Books
  • Publication date: 5/17/2004
  • Pages: 320
  • Sales rank: 1,281,715
  • Product dimensions: 5.75 (w) x 8.20 (h) x 0.65 (d)

Meet the Author

Michael Albert helped found and establish South End Press and Z Magazine, among other institutions. A long-time activist, he now maintains Z’s internationally acclaimed web site Znet (www.zmag.org). He has written numerous books and countless articles dealing with, among other topics, economics, vision, social change, strategy, globalization, and war and peace.
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Table of Contents

Acknowledgments vii
Introduction 1
Part I Values and Institutions
1 What Is An Economy? 19
2 Economic Values 28
3 Judging Economies 43
Part II Participatory Economic Vision
4 Ownership 89
5 Councils 91
6 Job Complexes 103
7 Remuneration 112
8 Allocation 118
9 Summary and Defense 148
10 Evaluating Parecon 157
Part III Daily Life in a Participatory Economy
11 Working 173
12 Consuming 208
13 Allocating 219
Part IV Criticisms Addressed
14 Efficiency 231
15 Productivity 238
16 Creativity / Quality 244
17 Meritocracy / Innovation 248
18 Privacy / Frenzy 253
19 Individuals / Society 261
20 Participatory? 265
21 Flexibility 275
22 Elevating Need? 282
23 Compatibility 286
24 Human Nature 289
25 Asset or Debit? 294
26 Excitement / Attainability 300
Brief Bibliography 303
Index 305
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