Participatory Spirituality for the 21st Century
We've discussed more than once whether such an animal called "integral capitalism" makes sense. I offer the following as an alternative, from an article in Z Magazine (7/10) called "Why participatory economics?" by Michael Alpert. An excerpt:
...what I want is the fourth of four currently available options.
The first, capitalism, combines private ownership, remuneration for property, power, and, to a degree, output, corporate divisions of labor, and markets in ways primarily benefiting the capitalist class.
The second and the third, centrally planned and market (20th century) socialism combine markets or central planning with public or state ownership, remuneration for power, and, to a degree, for output, and corporate divisions of labor which primarily benefit a coordinator class of planners, managers, and others similarly empowered in the economy.
The fourth, participatory economics (parecon for short) combines social ownership, self-managing workers and consumers councils, remuneration for duration, intensity, and onerousness of work, balanced job complexes (that apportion labor so each job has roughly the same empowerment effects as all other jobs), and participatory planning where workers and consumers cooperatively negotiate economic outcomes with no class divisions.
I advocate participatory economics because it transcends capitalism and also market and centrally planned socialism by establishing core institutions that promote solidarity, equity of circumstance and income, diversity, participatory self management, classlessness, and efficiency in meeting human needs and developing human potentials.
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