[lbo-talk] What's your opinion on Michael Albert's "Participatory Economics?

John Thornton jthorn65 at mchsi.com
Sun Oct 24 17:12:34 PDT 2004



>1. It violates the fundamental metaphysical principle of economic justice:
>one hour of my time is the same as one hour of anyone else's time. Crude,
>but it will have to do until we find something better.
>
>2. Would be a breeding ground for bureaucrats.
>
>Joanna
>
>Tommy Kelly wrote:
>
>>What is your opinion on Michael Albert's "Participatory Economics"
>>[Parecon for short]?

I don't think most people on this list were too hot on Alberts Parecon but I may have. He was on the list for a week or so some time back but it didn't generate as much discussion as I expected. Other than the uncertainty that people could actually generate the lists of needs and wants required I have no other major concerns with the idea. I like most of the idea but I just don't know if it would work.

John Thornton



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