Michael Albert explores the idea of participatory economy, or "parecon"

ZNet: Michael Albert explores the idea of Participatory economies, or "parecon"

"In a world riddled with suicide bombings, inconclusive conflicts, and terribly selfish politics, it is a relief to see there are people like Michael Albert creatively searching for salves for the ills in our economic system. With his books 'Moving Forward: Program for a Participatory Economy,' 'Parecon: Life After Capitalism,' and his contributions to the website ZNet.com, Albert has helped craft some of the most intriguing and visionary ideas on economic reform to date.

"While his theories aren't without flaw, or perhaps the better term is implementation, reading his thoughts on an economy that values 'equity, solidarity, diversity, and participatory self-management' makes us long for a world based not on hierarchy or pushing people to the periphery, but rather one that willingly accepts all people under the umbrella of 'humanity' and treats us according to that axiom."

Other writings on parecon: "There is an Alternative"