Parecon (Hardcover)

Life After Capitalism

By Michael Albert

Verso, 9781859846988, 311pp.

Publication Date: April 17, 2003

Other Editions of This Title:
Paperback (5/17/2004)

List Price: 21.00*
* Individual store prices may vary.


What do you want? is a constant query put to economic and globalization activists decrying current poverty, alienation, and degradation. In this highly praised new work, destined to attract worldwide attention and support, Michael Albert provides an answer: participatory economics, parecon for short ? a new economy, an alternative to capitalism, built on familiar values including solidarity, equity, diversity, and people democratically controlling their own lives, but utilizing original institutions fully described and defended in this book.

About the Author

Michael Albert helped found and establish South End Press and Z Magazine, among other institutions. A long-time activist, he now maintains Z s internationally acclaimed web site Znet ( He has written numerous books and countless articles dealing with, among other topics, economics, vision, social change, strategy, globalization, and war and peace."

Praise For Parecon: Life After Capitalism

“Michael Albert is an important thinker who takes us beyond radical denunciations and pretentious ‘analysis’ to a thoughtful, profound meditation on what a good society can be like ...”—Howard Zinn

“Michael Albert’s work on participatory economics outlines in substantial detail a program of radical reconstruction, presenting a vision that draws from a rich tradition of thought and practice of the libertarian left and popular movements, but adding novel critical analysis and specific ideas and modes of implementation. It merits close attention, debate, and action.”—Noam Chomsky

“As the gap between rich and poor widens in the world, including in the United States, Michael Albert has offered an alternative system of participatory economics to end the dehumanizing failures and injustices of free market capitalism. It is a compelling book for our times.”—Ben H. Bagdikian