The Political Economy Of Participatory Economics

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The Political Economy of Participatory Economics

Author : Michael Albert
Publisher : Princeton University Press
ISBN 13 : 0691216002
Total Pages : 146 pages
Book Rating : 4.6/5 (912 download)

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Book Synopsis The Political Economy of Participatory Economics by : Michael Albert

Download or read book The Political Economy of Participatory Economics written by Michael Albert and published by Princeton University Press. This book was released on 2020-07-21 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

A Participatory Economy

Author : Robin Hahnel
Publisher : AK Press
ISBN 13 : 1849354855
Total Pages : 172 pages
Book Rating : 4.8/5 (493 download)

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Book Synopsis A Participatory Economy by : Robin Hahnel

Download or read book A Participatory Economy written by Robin Hahnel and published by AK Press. This book was released on 2022-10-04 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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
ISBN 13 : 9780896084056
Total Pages : 172 pages
Book Rating : 4.0/5 (84 download)

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Book Synopsis Looking Forward by : Michael Albert

Download or read book Looking Forward written by Michael Albert and published by South End Press. This book was released on 1991 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Democratic Economic Planning

Author : Robin Hahnel
Publisher : Routledge
ISBN 13 : 1000392112
Total Pages : 317 pages
Book Rating : 4.0/5 (3 download)

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Book Synopsis Democratic Economic Planning by : Robin Hahnel

Download or read book Democratic Economic Planning written by Robin Hahnel and published by Routledge. This book was released on 2021-05-31 with total page 317 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Economic Justice and Democracy

Author : Robin Hahnel
Publisher : Routledge
ISBN 13 : 1135331367
Total Pages : 437 pages
Book Rating : 4.1/5 (353 download)

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Book Synopsis Economic Justice and Democracy by : Robin Hahnel

Download or read book Economic Justice and Democracy written by Robin Hahnel and published by Routledge. This book was released on 2013-05-13 with total page 437 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Parecon

Author : Michael Albert
Publisher : Verso Books
ISBN 13 : 178960947X
Total Pages : 470 pages
Book Rating : 4.7/5 (896 download)

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Book Synopsis Parecon by : Michael Albert

Download or read book Parecon written by Michael Albert and published by Verso Books. This book was released on 2020-05-05 with total page 470 pages. Available in PDF, EPUB and Kindle. Book excerpt: '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.

Moving Forward

Author : Michael Albert
Publisher : AK Press
ISBN 13 :
Total Pages : 188 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Moving Forward by : Michael Albert

Download or read book Moving Forward written by Michael Albert and published by AK Press. This book was released on 2000 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Of the People, by the People

Author : Robin Hahnel
Publisher : AK Press
ISBN 13 : 9780983059769
Total Pages : 160 pages
Book Rating : 4.0/5 (597 download)

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Book Synopsis Of the People, by the People by : Robin Hahnel

Download or read book Of the People, by the People written by Robin Hahnel and published by AK Press. This book was released on 2012-08-01 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Quiet Revolution in Welfare Economics

Author : Michael Albert
Publisher : Princeton University Press
ISBN 13 : 1400887054
Total Pages : 454 pages
Book Rating : 4.4/5 (8 download)

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Book Synopsis Quiet Revolution in Welfare Economics by : Michael Albert

Download or read book Quiet Revolution in Welfare Economics written by Michael Albert and published by Princeton University Press. This book was released on 2017-03-14 with total page 454 pages. Available in PDF, EPUB and Kindle. Book excerpt: This ambitious work presents a critique of traditional welfare theory and proposes a new approach to it. Radical economists Robin Hahnel and Michael Albert argue that an improved theory of social welfare can consolidate and extend recent advances in microeconomic theory, and generate exciting new results as well. The authors show that once the traditional "welfare paradigm" is appropriately modified, a revitalized welfare theory can clarify the relationship between individual and social rationalitya task that continues to be of interest to mainstream and nonmainstream economists alike. Hahnel and Albert show how recent work in the theory of the labor process, externalities, public goods, and endogenous preferences can advance research in welfare theory. In a series of important theorems, the authors extend the concept of Pareto optimality to dynamic contexts with changing preferences and thus highlight the importance of institutional bias. This discussion provides the basis for further analysis of the properties and consequences of private and public enterprise and of markets and central planning. Not surprisingly, Hahnel and Albert reach a number of conclusions at odds with conventional wisdom. Originally published in 1990. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.

Alternatives to Capitalism

Author : Robin Hahnel
Publisher : Verso Books
ISBN 13 : 1784785067
Total Pages : 158 pages
Book Rating : 4.7/5 (847 download)

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Book Synopsis Alternatives to Capitalism by : Robin Hahnel

Download or read book Alternatives to Capitalism written by Robin Hahnel and published by Verso Books. This book was released on 2016-05-24 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Participatory Economics

Author : Fouad Sabry
Publisher : One Billion Knowledgeable
ISBN 13 :
Total Pages : 340 pages
Book Rating : 4.:/5 (661 download)

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Book Synopsis Participatory Economics by : Fouad Sabry

Download or read book Participatory Economics written by Fouad Sabry and published by One Billion Knowledgeable. This book was released on 2024-01-15 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Economic Justice and Democracy

Author : Robin Hahnel
Publisher : Psychology Press
ISBN 13 : 9780415933445
Total Pages : 423 pages
Book Rating : 4.9/5 (334 download)

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Book Synopsis Economic Justice and Democracy by : Robin Hahnel

Download or read book Economic Justice and Democracy written by Robin Hahnel and published by Psychology Press. This book was released on 2005 with total page 423 pages. Available in PDF, EPUB and Kindle. Book excerpt: First Published in 2005. Routledge is an imprint of Taylor & Francis, an informa company.

The ABCs of Political Economy - Second Edition

Author : Robin Hahnel
Publisher : Pluto Press
ISBN 13 : 9780745334974
Total Pages : 0 pages
Book Rating : 4.3/5 (349 download)

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Book Synopsis The ABCs of Political Economy - Second Edition by : Robin Hahnel

Download or read book The ABCs of Political Economy - Second Edition written by Robin Hahnel and published by Pluto Press. This book was released on 2015-02-20 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

A Republic of Equals

Author : Jonathan Rothwell
Publisher : Princeton University Press
ISBN 13 : 0691206430
Total Pages : 390 pages
Book Rating : 4.6/5 (912 download)

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Book Synopsis A Republic of Equals by : Jonathan Rothwell

Download or read book A Republic of Equals written by Jonathan Rothwell and published by Princeton University Press. This book was released on 2021-09-14 with total page 390 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this provocative book, economist Jonathan Rothwell draws on the latest empirical evidence from across the social sciences to demonstrate how rich democracies have allowed racial politics and the interests of those at the top to subordinate justice. He looks at the rise of nationalism in Europe and the United States, revealing how this trend overlaps with racial prejudice and is related to mounting frustration with a political status quo that thrives on income inequality and inefficient markets. But economic differences are by no means inevitable. Differences in group status by race and ethnicity are dynamic and have reversed themselves across continents and within countries. Inequalities persist between races in the United States because Black Americans are denied equal access to markets and public services. Meanwhile, elite professional associations carve out privileged market status for their members, leading to compensation in excess of their skills.

Embedded Politics

Author : Gerald Andrew McDermott
Publisher : University of Michigan Press
ISBN 13 : 0472026208
Total Pages : 336 pages
Book Rating : 4.4/5 (72 download)

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Book Synopsis Embedded Politics by : Gerald Andrew McDermott

Download or read book Embedded Politics written by Gerald Andrew McDermott and published by University of Michigan Press. This book was released on 2010-11-22 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: Embedded Politics offers a unique framework for analyzing the impact of past industrial networks on the way postcommunist societies build new institutions to govern the restructuring of their economies. Drawing on a detailed analysis of communist Czechoslovakia and contemporary Czech industries and banks, Gerald A. McDermott argues that restructuring is best advanced through the creation of deliberative or participatory forms of governance that encourages public and private actors to share information and take risks. Further, he contends that institutional and organizational changes are intertwined and that experimental processes are shaped by how governments delegate power to local public and private actors and monitor them. Using comparative case analysis of several manufacturing sectors, Embedded Politics accounts for change and continuity in the formation of new economic governance institutions in the Czech Republic. It analytically links the macropolitics of state policy with the micropolitics of industrial restructuring. Thus the book advances an alternative approach for the comparative study of institutional change and industrial adjustment. As a historical and contemporary analysis of Czech firms and public institutions, this book will command the attention of students of postcommunist reforms, privatization, and political-economic transitions in general. But also given its interdisciplinary approach and detailed empirical analysis of policy-making and firm behavior, Embedded Politics is a must read for scholars of politics, economics, sociology, political economy, business organization, and public policy. Gerald A. McDermott is Assistant Professor of Management in The Wharton School of Management at The University of Pennsylvania. His research applies recent advances in comparative political economy and industrial organization, including theories of social networks, historical institutionalism, and incomplete markets to analyze issues of economic governance, firm creation, and industrial restructuring in advanced and newly industrialized countries. As evidenced by Embedded Politics, his current focus is on problems of institutional and organizational learning in the formation of meso-level governance institutions in emerging market and postsocialist economies. McDermott also works as Senior Research Fellow at the IAE Escuela de Direccion y Negocios at Universidad Austral in Buenos Aires, and he has served as Project Coordinator at the Inter-American Development Bank. He has consulted for the Finance, Private Sector, and Infrastructure Division at the World Bank and advised the Deputy Foreign Minister of the Czech Republic. In addition he has published many papers and book chapters on entrepreneurship, privatization, institutions, and networks in Central Europe and Latin America.

Democratic Economic Planning

Author : Robin Hahnel
Publisher : Taylor & Francis
ISBN 13 : 1000392074
Total Pages : 373 pages
Book Rating : 4.0/5 (3 download)

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Book Synopsis Democratic Economic Planning by : Robin Hahnel

Download or read book Democratic Economic Planning written by Robin Hahnel and published by Taylor & Francis. This book was released on 2021-05-31 with total page 373 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Migration and Democracy

Author : Abel Escribà-Folch
Publisher : Princeton University Press
ISBN 13 : 069122305X
Total Pages : 320 pages
Book Rating : 4.6/5 (912 download)

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Book Synopsis Migration and Democracy by : Abel Escribà-Folch

Download or read book Migration and Democracy written by Abel Escribà-Folch and published by Princeton University Press. This book was released on 2022-01-11 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: How remittances—money sent by workers back to their home countries—support democratic expansion In the growing body of work on democracy, little attention has been paid to its links with migration. Migration and Democracy focuses on the effects of worker remittances—money sent by migrants back to their home countries—and how these resources shape political action in the Global South. Remittances are not only the largest source of foreign income in most autocratic countries, but also, in contrast to foreign aid or international investment, flow directly to citizens. As a result, they provide resources that make political opposition possible, and they decrease government dependency, undermining the patronage strategies underpinning authoritarianism. The authors discuss how international migration produces a decentralized flow of income that generally circumvents governments to reach citizens who act as democratizing agents. Documenting why dictatorships fall and how this process has changed in the last three decades, the authors show that remittances increase the likelihood of protest and reduce electoral support for authoritarian incumbents. Combining global macroanalysis with microdata and case studies of Senegal and Cambodia, Migration and Democracy demonstrates how remittances—and the movement of people from authoritarian nations to higher-income countries—foster democracy and its expansion.