Participatory economics
*planted: 24/07/2021last tended: 10/04/2023
Formulated by Michael Albert and Robin Hahnel.
1. Basic principles
(summarised at beginning of Robin Hahnel on Parecon (Part 1))
- self-governance through democratic councils of workers and consumers and their respective federations
- jobs balanced for empowerment, desirability and caring labour
- remuneration according to sacrifice or effort as judged by coworkers
- economic coordination through a participatory planning procedure
2. Comparison with capitalism
3. Resources
4. Elsewhere
4.1. In my garden
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