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On Participatory Economics, Pt. 1

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Source: PARC Media

‘What do you want?’ is a constant query put to economic and globalization activists decrying current poverty, alienation, and degradation. 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, ‘Parecon: Life After Capitalism.’ Michael Albert has written dozens of books on politics, culture, ideology, and economics. He’s a member of Collective 20.

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