• Entry
  • Reader's guide
  • Entries A-Z
  • Subject index

Participatory Economics

Participatory economics (sometimes called parecon, for short) is a conception of a postcapitalist economy based on self-management. Participatory economics was developed in the 1970s by two American economists, Michael Albert and Robin Hahnel.

The advocates of participatory economics maintain that human beings ...

    • Loading...
    locked icon

    Sign in to access this content

    Get a 30 day FREE TRIAL

    • Watch videos from a variety of sources bringing classroom topics to life
    • Read modern, diverse business cases
    • Explore hundreds of books and reference titles