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A Participatory Economy

Author: Robin Hahnel

Publisher: AK Press

Published: 2022-10-04

Total Pages: 172

ISBN-13: 1849354855

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.

Looking Forward

Author: Michael Albert

Publisher: South End Press

Published: 1991

Total Pages: 172

ISBN-13: 9780896084056

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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.

The Political Economy of Participatory Economics

Author: Michael Albert

Publisher: Princeton University Press

Published: 2020-07-21

Total Pages: 146

ISBN-13: 0691216002

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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.

Of the People, by the People

Author: Robin Hahnel

Publisher: AK Press

Published: 2012-08-01

Total Pages: 160

ISBN-13: 9780983059769

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Unless the economy is of the people and by the people it will never be for the people. This book is for people who want to know what a desirable alternative to capitalism might look like. It is for people who want more than rosy rhetoric and Pollyannaish descriptions of people working in harmony. It is for people want to dig into what economic justice and economic democracy mean. It is a book for optimists-who believe the human species must be capable of something better than succumbing to competition and greed or authoritarianism, and would like to know how we can do it. It is also a book for skeptics-who demand to be shown, explicitly and concretely, how a modern economy can dispense with markets and authoritarian planning, and how hundreds of millions of people can manage their own division of labor efficiently and equitably.

Moving Forward

Author: Michael Albert

Publisher: AK Press

Published: 2000

Total Pages: 188

ISBN-13:

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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.

Democratic Economic Planning

Author: Robin Hahnel

Publisher: Routledge

Published: 2021-05-31

Total Pages: 317

ISBN-13: 1000392112

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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.

Alternatives to Capitalism

Author: Robin Hahnel

Publisher: Verso Books

Published: 2016-05-24

Total Pages: 158

ISBN-13: 1784785067

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What would a viable free and democratic society look like? Poverty, exploitation, instability, hierarchy, subordination, environmental exhaustion, radical inequalities of wealth and power—it is not difficult to list capitalism’s myriad injustices. But is there a preferable and workable alternative? Alternatives to Capitalism: Proposals for a Democratic Economy presents a debate between two such possibilities: Robin Hahnel’s “participatory economics” and Erik Olin Wright’s “real utopian” socialism. It is a detailed and rewarding discussion that illuminates a range of issues and dilemmas of crucial importance to any serious effort to build a better world.

Parecon

Author: Michael Albert

Publisher: Verso Books

Published: 2020-05-05

Total Pages: 470

ISBN-13: 178960947X

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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.

Economic Justice and Democracy

Author: Robin Hahnel

Publisher: Routledge

Published: 2013-05-13

Total Pages: 450

ISBN-13: 1135953767

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In Economic Justice and Democracy, Robin Hahnel puts aside most economic theories from the left and the right (from central planning to unbridled corporate enterprise) as undemocratic, and instead outlines a plan for restructuring the relationship between markets and governments according to effects, rather than contributions. This idea is simple, provocative, and turns most arguments on their heads: those most affected by a decision get to make it. It's uncomplicated, unquestionably American in its freedom-reinforcement, and essentially what anti-globalization protestors are asking for. Companies would be more accountable to their consumers, polluters to nearby homeowners, would-be factory closers to factory town inhabitants. Sometimes what's good for General Motors is bad for America, which is why we have regulations in the first place. Though participatory economics, as Robert Heilbronner termed has been discussed more outside America than in it, Hahnel has followed discussions elsewhere and also presents many of the arguments for and against this system and ways to put it in place.

The Participatory Economy

Author: Jaroslav Vanek

Publisher: Ithaca : Cornell University Press

Published: 1971

Total Pages: 234

ISBN-13:

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Monograph on the philosophical and political aspects and implications for social change and economic development of an economic theory in support of a new economic system based on workers' self-management (workers participation) - includes an analysis of the over-all performance of the participatory economy of Yugoslavia. References.