Episode 62: Participatory Economics (Parecon)––Interview with Michael Albert
Brendan and Andrew interview Michael Albert about his new book, No Bosses: A New Economy for a Better World. Albert summarizes the main ideas and components of his participatory economics (parecon) model; he also discusses what’s new about his latest book and why he wrote it. Albert and the co-hosts then discuss his view that an alternative future can and should be based on values (what we value). Do evaluations of what is possible have a role to play? Does “old ideological scripture”? Finally, Albert explains why he is against central planning and how planning in a participatory economy would differ from central planning.
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