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

4.3. Mentions

Recent changes. Source. Peer Production License.