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Author: Michael Albert
Publisher: Princeton University Press
ISBN: 0691216002
Category : Political Science
Languages : en
Pages : 146
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Book Description
With the near bankruptcy of centrally planned economies now apparent and with capitalism seemingly incapable of generating egalitarian outcomes in the first world and economic development in the third world, alternative approaches to managing economic affairs are an urgent necessity. Until now, however, descriptions of alternatives have been unconvincing. Here Michael Albert and Robin Hahnel support the libertarian socialist tradition by presenting a rigorous, well-defined model of how producers and consumers could democratically plan their interconnected activities. After explaining why hierarchical production, inegalitarian consumption, central planning, and market allocations are incompatible with "classlessness," the authors present an alternative model of democratic workers' and consumers' councils operating in a decentralized, social planning procedure. They show how egalitarian consumption and job complexes in which all engage in conceptual as well as executionary labor can be efficient. They demonstrate the ability of their planning procedure to yield equitable and efficient outcomes even in the context of externalities and public goods and its power to stimulate rather than subvert participatory impulses. Also included is a discussion of information management and how simulation experiments can substantiate the feasibility of their model.
Author: Michael Albert
Publisher: Princeton University Press
ISBN: 0691216002
Category : Political Science
Languages : en
Pages : 146
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Book Description
With the near bankruptcy of centrally planned economies now apparent and with capitalism seemingly incapable of generating egalitarian outcomes in the first world and economic development in the third world, alternative approaches to managing economic affairs are an urgent necessity. Until now, however, descriptions of alternatives have been unconvincing. Here Michael Albert and Robin Hahnel support the libertarian socialist tradition by presenting a rigorous, well-defined model of how producers and consumers could democratically plan their interconnected activities. After explaining why hierarchical production, inegalitarian consumption, central planning, and market allocations are incompatible with "classlessness," the authors present an alternative model of democratic workers' and consumers' councils operating in a decentralized, social planning procedure. They show how egalitarian consumption and job complexes in which all engage in conceptual as well as executionary labor can be efficient. They demonstrate the ability of their planning procedure to yield equitable and efficient outcomes even in the context of externalities and public goods and its power to stimulate rather than subvert participatory impulses. Also included is a discussion of information management and how simulation experiments can substantiate the feasibility of their model.
Author: Robin Hahnel
Publisher: AK Press
ISBN: 1849354855
Category : Political Science
Languages : en
Pages : 172
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Book Description
As of June 2021, 54% of Gen Z adults view capitalism negatively and over 41% have a positive view on socialism. A Participatory Economy is written for people who desire an equitable, ecological economy, but want to know what an alternative to capitalism could look like. A Participatory Economy presents a fascinating, new alternative to capitalism. It proposes and defends concrete answers to how all society's economic decisions can be made without resort to unaccountable and inhumane markets (capitalism) or central planning authorities (communism). It explains the viability of early socialism's vision of an economy in which the workers come together to decide among themselves what to produce and consume. At the same time, Hahnel proposes new features to this economic model including proposing how “reproductive labor” might be socially organized, how to plan investment and long-term development to maximize popular participation and efficiency, and finally, how a participatory economy might engage in international trade and investment without violating its fundamental principles in a world where economic development among nations has been historically unfair and unequal.
Author: Robin Hahnel
Publisher: Routledge
ISBN: 113533143X
Category : Business & Economics
Languages : en
Pages : 450
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Book Description
In Economic Justice and Democracy Robin Hahnel argues that progressives need to go back to the drawing board and rethink how they conceive of economic justice and economic democracy. He presents a coherent set of economic institutions and procedures that can deliver economic justice and democracy through a "participatory economy." But this is a long-run goal; he also explores how to promote the economics of equitable cooperation in the here and now by emphasizing ways to broaden the base of existing economic reform movements while deepening their commitment to more far reaching change.
Author: Michael Albert
Publisher: South End Press
ISBN: 9780896084056
Category : Comparative economics
Languages : en
Pages : 172
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Book Description
How work can be organized efficiently and productively without hierarchy; how consumption could be fulfilling and also equitable; and how participatory is planning could promote solidarity and foster self-management.
Author: Robin Hahnel
Publisher: Routledge
ISBN: 1000392112
Category : Business & Economics
Languages : en
Pages : 317
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Book Description
Democratic Economic Planning presents a concrete proposal for how to organize, carry out, and integrate comprehensive annual economic planning, investment planning, and long-run development planning so as to maximize popular participation, distribute the burdens and benefits of economic activity fairly, achieve environmental sustainability, and use scarce productive resources efficiently. The participatory planning procedures proposed provide workers in self-managed councils and consumers in neighbourhood councils with autonomy over their own activities while ensuring that they use scarce productive resources in socially responsible ways without subjecting them to competitive market forces. Certain mathematical and economic skills are required to fully understand and evaluate the planning procedures discussed and evaluated in technical sections in a number of chapters. These sections are necessary to advance the theory of democratic planning, and should be of primary interest to readers who have those skills. However, the book is written so that the main argument can be followed without fully digesting the more technical sections. Democratic Economic Planning is written for dreamers who are disenamored with the economics of competition and greed want to know how a system of equitable cooperation can be organized; and also for sceptics who demand "hard proof" that an economy without markets and private enterprise is possible.
Author: Michael Albert
Publisher: AK Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 188
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Book Description
Great social movements need long-term goals for inspiration and guidance, and need a short-term programme for the immediate agenda. This was true for the movement to end slavery and for women's suffrage, and for the labour, peace and civil rights movements throughout the 20th century. Michael Albert's hope for this new book is to help a new economic movement settle on needed goals and programmes by highlighting four areas of visionary and strategic concern: remuneration, decision making, how workplaces should be organised, and how to decide on what is produced and consumed.
Author: Fouad Sabry
Publisher: One Billion Knowledgeable
ISBN:
Category : Business & Economics
Languages : en
Pages : 340
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Book Description
What is Participatory Economics Participatory economics, often abbreviated Parecon, is an economic system based on participatory decision making as the primary economic mechanism for allocation in society. In the system, the say in decision-making is proportional to the impact on a person or group of people. Participatory economics is a form of a socialist decentralized planned economy involving the collective ownership of the means of production. It is a proposed alternative to contemporary capitalism and centralized planning. This economic model is primarily associated with political theorist Michael Albert and economist Robin Hahnel, who describes participatory economics as an anarchist economic vision. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Participatory economics Chapter 2: Planned economy Chapter 3: Market economy Chapter 4: Externality Chapter 5: Index of economics articles Chapter 6: Michael Albert Chapter 7: Economic interventionism Chapter 8: Economic system Chapter 9: Robin Hahnel Chapter 10: Anarchist economics Chapter 11: Market abolitionism Chapter 12: Post-capitalism Chapter 13: Pat Devine Chapter 14: David Schweickart Chapter 15: Economic planning Chapter 16: Mondragon Bookstore & Coffeehouse Chapter 17: Labour voucher Chapter 18: Facilitation board Chapter 19: Economic democracy Chapter 20: Socialist economics Chapter 21: Socialist calculation debate (II) Answering the public top questions about participatory economics. (III) Real world examples for the usage of participatory economics in many fields. Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of participatory economics.
Author: Robin Hahnel
Publisher: Psychology Press
ISBN: 9780415933445
Category : Political Science
Languages : en
Pages : 423
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Book Description
First Published in 2005. Routledge is an imprint of Taylor & Francis, an informa company.
Author: Robin Hahnel
Publisher: Pluto Press
ISBN: 9780745334974
Category : Business & Economics
Languages : en
Pages : 0
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Book Description
This revised edition of ABCs is a lively and accessible introduction to modern political economy. Informed by the work of Marx, Veblen, Kalecki, Robinson, Minsky and other great political economists, Robin Hahnel provides the essential tools needed to understand economic issues today. Dispelling myths about financial liberalisation, fiscal austerity, globalisation and free markets, the ABCs offers a critical perspective on our present system and outlines clear alternatives for the future. This second edition applies the analytical tools developed to help readers understand the origins of the financial crisis of 2007, the ensuing 'Great Recession,' and why government policies in Europe and North America over the past six years have failed to improve matters for the majority of their citizens. The second edition also helps explain what is causing climate change and what will be required if it is to be resolved effectively and fairly.
Author: Michael Albert
Publisher: Verso Books
ISBN: 178960947X
Category : Business & Economics
Languages : en
Pages : 470
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Book Description
'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.
