Parecon: Life after Capitalism

Michael Albert

Published in 2004

By Verso

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‘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.

“…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