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3 of 3 people found the following review helpful
5.0 out of 5 stars Invaluable
Albert sets out, in relatively lucid and concise terms, a clear vision for an alternative to capitalism called 'parecon' (short for participatory economics), centred around the values of self-management, solidarity, equity, diversity and efficiency (in a wider sense of meeting expressed needs). In light of its relative brevity, it covers a quite enormous task with...
Published on 11 April 2012 by Anonymous

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0 of 13 people found the following review helpful
1.0 out of 5 stars Won't work, to complicated
Much as I hate to admit it as an ex Socialist, the price mechanism is the only way an economy can function adequately ie match supply with demand, allocate resources, make purchasing descions. All other systems proposed, including the one in this book, will end up in either a bureaucracy or with a shadow price economy run by orgnaised crime. Of course the economic...
Published on 18 Jan 2012 by Amazon Customer


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3 of 3 people found the following review helpful
5.0 out of 5 stars Invaluable, 11 April 2012
This review is from: Parecon: Life After Capitalism (Paperback)
Albert sets out, in relatively lucid and concise terms, a clear vision for an alternative to capitalism called 'parecon' (short for participatory economics), centred around the values of self-management, solidarity, equity, diversity and efficiency (in a wider sense of meeting expressed needs). In light of its relative brevity, it covers a quite enormous task with considerable success. It's by no means comprehensive or without imperfection, but i found it quite invaluable.
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0 of 13 people found the following review helpful
1.0 out of 5 stars Won't work, to complicated, 18 Jan 2012
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This review is from: Parecon: Life After Capitalism (Paperback)
Much as I hate to admit it as an ex Socialist, the price mechanism is the only way an economy can function adequately ie match supply with demand, allocate resources, make purchasing descions. All other systems proposed, including the one in this book, will end up in either a bureaucracy or with a shadow price economy run by orgnaised crime. Of course the economic context within which the price mechanism operates can vary, I'm not advocating some neo liberal, laissez faire system, the price mechanism can work in a social democratic economy as well. But the alternative suggested in this book is unworkable, cranky and written in a boring convoluted style.
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Parecon: Life After Capitalism
Parecon: Life After Capitalism by Michael Albert (Paperback - 23 April 2004)
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