The Economic Choice Beyond Capitalism and Communism

[Editor's note: Below is an interview with Robin Hahnel about the Participatory Economics movement or "Parecon."   Parecon is a theoretical economic system based on participatory decision making as the primary economic mechanism for the allocation goods, services, resources and the guidance of production.  In this interview, author and political economist Hahnel talks about his book Of the People, By the People: The Case for a Participatory Economy and describes the Parecon vision of an alternative economic system that avoids the excesses and failures of both capitalism and communism.  While Parecon remains more a theoretical proposition than an actual practice, it provides one more vision, one more possible response, to those who claim that "there is no alternative" to our present ways of organzing ourselves and our economy.  The interview was conducted by David Delk of the Alliance for Democracy.]

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