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.