What’s Next? Parecon, or Participatory Economics
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Published on The Next System.org, by MICHAEL ALBERT, Jan 6, 2016.
People now fighting economic injustice have no right to decide how future people should live. But we do have a responsibility to provide an institutional setting that facilitates future people deciding for themselves their own conditions of life and work. To this end, participatory economics, or parecon, describes the core institutions required to generate solidarity, equity, self-management, and an ecologically sound and classless economy. Continue Reading…