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Topic: Participatory economics


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In the News (Sun 18 Aug 19)

  
  Participatory economics - Wikipedia, the free encyclopedia
Participatory economics, often abbreviated parecon, is a proposed economic system that uses participatory decision making as an economic mechanism to guide the allocation of resources and consumption in a given society.
Promoters of participatory economics hold that it is inequitable, and also ineffective, to remunerate people on the basis of their birth or heredity, their property, or their innate intelligence.
Although participatory economics falls under the left-wing political tradition as well as also under the anarchist political tradition, it is described as being specifically designed to avoid the creation of powerful intellectual elites or coordinatorism, which is perceived as the trap into which the economies of the communist states of the 20th century fell.
en.wikipedia.org /wiki/Participatory_economics   (3772 words)

  
 Learn more about Economics in the online encyclopedia.   (Site not responding. Last check: 2007-11-06)
Economics may in principle be applied to any problem that involves choice under scarcity; this includes such diverse topics as the governance of production, distribution of wealth as well as the various related problems of finance, taxation, labour, law, poverty, pollution etc.
Despite the extreme controversy surrounding larger economic issues, there is significant agreement among mainstream economists on the fundamentals of the subject, especially as reflected in microeconomics as opposed to macroeconomics.
This is viewed as a failure to respect economics by libertarians, and viewed as a failure of economics to respect society by socialists.
www.onlineencyclopedia.org /e/ec/economics_1.html   (1841 words)

  
 Participatory Economics and the Emancipation of the Working Class
Participatory Economics does not presuppose either an acceptance or rejection of Marx's "historical materialism." Michael Albert and Robin Hahnel hold, in fact, that the economic or class structure, patriarchy, structural racism or national oppression, and political authoritarianism or statism are all equally basic forces in the existing society.
Participatory Economics is an attempt to answer the basic questions that any viable economic program must answer and to provide an economic program that can ensure that the working class will not be subjugated to a techno-managerial class in a post-capitalist society.
As I interpret Participatory Economics, it is an attempt to specify simply an economic structure, a framework that will enable people to control their own lives, and pursue lives as determined by them, based on their emancipation from class oppression.
www.dissidentvoice.org /Articles4/Wetzel_Parecon.htm   (6264 words)

  
 Baltimore Independent Media Center: What is Participatory Economics?
Participatory economics is the economics of equitable cooperation as opposed to the economics of competition and greed.
The participatory planning procedure, on the other hand, guarantees that pollution will never be permitted unless those adversely affected feel that the positive effects of permitting an activity that generates pollution as a byproduct outweigh the negative effects of the pollution on themselves and the environment.
Proponents of participatory economics seek dialogue with others about these matters because we believe the anti-capitalist movement must constantly be thinking about how things can be done better, rather than leave the question of what we would replace capitalism with to the post-capitalist future.
baltimore.indymedia.org /newswire/display/6759/index.php   (2573 words)

  
 Participatory economics: Facts and details from Encyclopedia Topic   (Site not responding. Last check: 2007-11-06)
Economics (deriving from the greek words [oeko], house, and [nemo], distribute) is the social science...
Coordinatorism is an economic system in which control is held neither by people who own capital, nor by proletariatthe workers, but instead is held by an intervening...
Participatory democracy is a broadly inclusive term for many kinds of consultative decision making in a democracy....
www.absoluteastronomy.com /encyclopedia/p/pa/participatory_economics.htm   (2325 words)

  
 Participatory Economics Interview
The difference between capitalism and participatory economics is the difference between the kind of economy that spends immense sums building missiles that sit in the ground but little to finance quality health care for all, and the kind that does the reverse.
What's nice is that in participatory economics this is a decision you can make and implement, self-consciously, with a full debate, and with room for correction as you learn more.
So in participatory economics, since participation and freedom are taken seriously, of course there will be media at many levels and scales, all, however, operated according to the equitable, balanced, and participatory norms of the economy as a whole.
home.earthlink.net /~coalition4peace/parecon.htm   (3994 words)

  
 Z Magazine
Participatory Economics rebuts Margaret Thatcher’s grotesque assertion that “There Is No Alternative.” Thatcher wants us to believe that suffering poverty and indignity is as inevitable as gravity, that it is a fact of life.
Participatory planning is a system in which worker and consumer councils propose their work activities and their consumption preferences in light of accurate knowledge of local and global implications and true valuations of the full social benefits and costs of their choices.
Participatory economics is a solidarity economy, a diversity economy, an equity economy, and a self-managing economy.
www.zmag.org /alblacpe.htm   (3884 words)

  
 IdeaFestival: Economics
Economic Man is an intelligent, analytic, selfish creature who has perfect self-regulation in pursuit of his future goals and is unswayed by bodily states and feelings.
Part economics, part psychology and part marketing, the new field analyzes how people really make decisions, and it might be particularly useful in prescriptive economics - how, for example, broad humanitarian goals might be reached, or how, simply, to get diabetes patients to take their medications as prescribed.
Darwin" the chief complaint seems to be that there's too much God in economics and that economic theory is not enough like Darwinian evolution, which the author, James K. Galbraith, describes specifically: "Darwin didn't invent evolution.
ideafestival.typepad.com /my_weblog/economics   (7051 words)

  
 Participatory Economics - A Theoretical Alternative to Capitalism
Michael Albert notes that participatory economics should not be taken as a blueprint, but as a “broad understanding of new institutions to inform our dissent.”(7) Kropotkin similarly wrote that a “book is not a gospel to be taken in its entirety or to be left alone.
Participatory economics, they assert, is the theoretical alternative that fosters these values.
This is a very short description of participatory economics and it is impossible to justice to the detailed and complex descriptions in the books by Albert and Hahnel.16 Now let’s look at three books by Michael Albert.
www.newformulation.org /4Dhondt2.htm   (3798 words)

  
 [No title]   (Site not responding. Last check: 2007-11-06)
We can guess from it's name that it is an alternative economic system and that it involves a greater number of people than our current economic model.
Participatory Economics, or PE, molds the ideals of participatory democracy - freedom, face-to-face discussions, and personal satisfaction - into a societal structure which goes beyond economics to encompass culture and politics.
It is a compelling idea, and the hurdles to its achievement may seem worthwhile in light of a vision of a truly participatory society.
www.ncf.carleton.ca /freenet/rootdir/menus/community.associations/perc/peace/economics/partic.96   (1354 words)

  
 Vancouver Participatory Economics Collective
It is called "participatory economics," or "parecon" for short, and there is a whole website and many books devoted to the broader concept on which our workplace design is based.
Participatory Planning is the negotiation among workers and consumer councils that is intended to replace the market system of distribution, a system of distribution based upon price and one’s ability to pay.
Nor were we interested in the kind of economic justice that has been heralded by promoters of authoritarian models of communism characterized by central planning, state owned productive property and a small elite of coordinators who plan the over all economic course of society.
www.vanparecon.blogspot.com   (11424 words)

  
 disinformation | participatory economics   (Site not responding. Last check: 2007-11-06)
The economic crises of Capitalism and the billion starving people on planet Earth are swept under the rug: crises happen for either no reason at all, or only because any state intervention in the marketplace leads to distortions.
While more people would have to spend time in meetings under Participatory Economics, they would at least have a say about what is produced in the world, rather than blindly hammering out dildos and choking on florescent pink dye dust for thirty years in some Indonesian factory.
"Participatory economics (or parecon for short) is the name of a type of economy proposed as a desirable alternative to contemporary capitalism.
www.disinfo.com /archive/pages/dossier/id249/pg1   (1242 words)

  
 Inclusive Democracy and Participatory Economics   (Site not responding. Last check: 2007-11-06)
This is in consistence with the main thesis of the ID project that economic decisions, as far as meeting the basic needs of all citizens is concerned, are taken by the entire community, through the citizens' assemblies.
Instead of economic growth, the aim in ID is meeting the democratically defined needs of citizens as producers and consumers, which do not simply refer to the quantity of goods and services produced but also to the quality of life, as determined by the ecological constraints.
According to the ID project, the allocation of economic resources is made, first, on the basis of the citizens’ collective decisions, as expressed through the demotic and confederal plans, and, second, on the basis of the citizens’ individual choices, as expressed through a voucher system.
www.democracynature.org /dn/vol9/takis_parecon.htm   (9532 words)

  
 Economists will discuss theoretical ideas at teach-in   (Site not responding. Last check: 2007-11-06)
Participatory economics, or parecon, is an “alternative to contemporary capitalism,” according to a website for the subject (www.parecon.org).
Parecon was first introduced by Albert and Hahnel in the work The Political Economy of Participatory Economics, published by Princeton University Press in 1991.
No previous experience in economics or political theory is necessary to benefit from the discussion.
maroon.uchicago.edu /news/articles/2005/10/18/economists_will_disc.php   (328 words)

  
 The Sad Conceit of Participatory Economics | NEFAC   (Site not responding. Last check: 2007-11-06)
Participatory Economics (parecon) was proposed in two books (The Political Economy of Participatory Economics, and Looking Forward: Participatory Economics for the Twenty First Century) and has some support among anarchists and autonomists.
It was proposed in two books (The Political Economy of Participatory Economics, and Looking Forward: Participatory Economics for the Twenty First Century) and has some support among anarchists and autonomists.
Involvement in all the phases and stages of this economic process would be participatory and democratic in nature, creating an informed, empowered society of workers and consumers.
www.nefac.net /node/1414   (2075 words)

  
 Parecon | Z   (Site not responding. Last check: 2007-11-06)
Last October, the Chicago Area Participatory Economics Society, of which I'm a part, held a teach-in at the University of Chicago about participatory economics.
My feeling about participatory economics is that, as cool as I think it is, it's not going to go very far if it doesn't reach out beyond those who read economics books.
The rules are inspired by the participatory planning process, which in my opinion is the most difficult component of parecon to understand.
blog.zmag.org /taxonomy/term/101   (752 words)

  
 all4all.org | Participatory Economics and Society   (Site not responding. Last check: 2007-11-06)
Instead of advoating a productivistic cult of privatization, a horizontal dialogue would likely lead toward advocating participatory economic relations, including a different transition which emphasizes collective initiative and real democracy, and which, in its calculations, takes into account the price of the suffering and dignity and everything else more precious than profits.
There cannot be participatory management in a situation where the economy uses markets and corporate divisions of labor, whatever the state may look like, bureaucratic or not.
And they are all the features of an economic vision called participatory economics, or parecon for short.
www.all4all.org /2004/01/544.shtml   (1982 words)

  
 Emergent Democracy, Participatory Economics and Social Software: Corante > Brain Waves >   (Site not responding. Last check: 2007-11-06)
Zack Lynch, managing director of NeuroInsights, is an economic and social forecaster advising global organizations on the impact of neurotechnology on business, government and society.
Parecon is being touted as an economic alternative to capitalism and socialism.
I'd love to see those premises which are at the cutting edge of a new economic theory and practice by strategic practioners, have a retail level of involvement, something like moveon.org to let you evaluate your portfolio's policies on, say, employee benefits and then put pressure on your mutual fund or common stock holdings.
www.corante.com /brainwaves/archives/emergent_democracy_participatory_economics_and_social_software.php   (905 words)

  
 xymphora: Participatory economics in Venezuela
Workers are given a much larger role in making management decisions, a process that makes a lot of sense when you consider that it is the workers who actually see what is going on.
I remember comments from assembly line workers making the Chevrolet Caprice, a car so ugly and impractical that the workers knew they would be laid off when no one bought it, obvious to them but apparently not obvious to GM management.
Participatory economics scares the hell out of capitalists, as when you remove their supposed special talents at management it is difficult to see what they bring to the table, except for the capital they've stolen or inherited.
xymphora.blogspot.com /2005/08/participatory-economics-in-venezuela.html   (167 words)

  
 Welcome To ZNet
Participatory Economics (Parecon for short) is a type of economy proposed as an alternative to contemporary capitalism.
The underlying values are equity, solidarity, diversity, and participatory self management.
The main institutions are workers and consumers councils utilizing self managed decision making, balanced job complexes, remuneration according to effort and sacrifice, and participatory planning.
www.zmag.org /parecon/indexnew.htm   (150 words)

  
 S/R 34: Protecting the Environment in a Participatory Economy (by Robin Hahnel)
Moreover, the context of participatory planning makes it in the best interests of the federation’s members for their federation to truthfully express the magnitude of the damage pollution does to its collective victims, and to permit emissions so long as the social benefits outweigh the damage to victims.
This is true whether it is a political or economic elite in the present generation that weighs the interests of the present generation against those of future generations, or a democratic decision making process involving all members of the present generation that weighs the competing interests of different generations.
In a participatory economy intergenerational efficiency and equity regarding the environment must be achieved in the same way intergenerational efficiency and equity are achieved in all other regards—by means of restraints the present generation places on itself in its democratic deliberations concerning the long-run plan.
www.greens.org /s-r/34/34-18.html   (4573 words)

  
 The Hindu : Business : Welcome phase of participatory economics
While this exercise has been going on for a while, what is particularly striking is that nowadays most economic data including those of the external economy hardly create ripples.
Yet — and this is the more positive explanation — in an increasingly open economy even lay people are beginning to appreciate the nuances of economic policies and the ways they impact on their day-to-day lives.
The spurt in imports is not viewed as a dangerous sign.On the contrary, the rise in non-oil imports, of capital goods and equipment, intermediates and raw materials, is rightly interpreted as a reflection of the underlying economic buoyancy.
www.hindu.com /biz/2005/07/11/stories/2005071100681600.htm   (732 words)

  
 Results in   (Site not responding. Last check: 2007-11-06)
WE ADDRESS THE question of an alternative economic vision because, in the words of the great economist John Maynard Keynes, "[Capitalism] is not a success, it is not intelligent, it is not beautiful, it is not just, it is not virtuous--and it doesn't deliver the goods.
But when we wonder what to put in its place, we are extremely perplexed." We address the question of economic vision to undo that perplexity.
What health we attain, what food we eat, what housing we inhabit, comes to us because someone was seeking--not health, sustenance, or shelter for all--but profit for themselves.
www.findarticles.com /p/articles/mi_m0JQV/is_6_34/ai_n15770822   (388 words)

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