This is video is of Michael Albert, an economic visionary and one of my favourite people, attempting to describe an alternative economy — Participatory Economics — in 30 minutes. I think he does quite well.
There’s more here, including a Q & A session and a description from Jessica Azulay on how she and others put one of the institutions of parecon — balanced job complexes — into practice as part of their business (see part 8).
Part 5:
Part 6:
Part 7:
External links:
- Parecon: Life after capitalism, a book by Albert on participatory economics.
- Parecon: Life after capitalism, the online version