The Economic Choice Beyond Capitalism And Communism

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Robin Hahnel on the Case for a Participatory Economy

[Editor’s note: Below is an interview with Robin Hahnel about the Participatory Economics movement or “Parecon.”   Parecon is a theoretical economic system based on participatory decision making as the primary economic mechanism for the allocation goods, services, resources and the guidance of production.  In this interview, author and political economist Hahnel talks about his book Of the People, By the People: The Case for a Participatory Economy and describes the Parecon vision of an alternative economic system that avoids the excesses and failures of both capitalism and communism.  While Parecon remains more a theoretical proposition than an actual practice, it provides one more vision, one more possible response, to those who claim that “there is no alternative” to our present ways of organizing ourselves and our economy.  The interview was conducted by David Delk of the Alliance for Democracy.]

 

  • NOTgaltHouse

    Nice talk, but nothing new really. Democratic socialism, who can argue with that? As that legendary thinker george bush said about a counter attack by the Iraqis, “Bring it on…”