Michael Albert on Parecon – economic planning and Parecon (participatory economics)

CREATIVE DESTRUCTION

Participatory economics is a form of decentralized economic planning and socialism involving the common ownership of the means of production. It is a proposed alternative to contemporary capitalism and central planning.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.