Participatory Economics: Parecon
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Participatory Economics & the Next System
Created by Matt Caisley from the Noun Project Participatory Economics & the Next System By Robin Hahnel Introduction It is increasingly apparent that neoliberal capitalism is not working well for most of us. Grow- ing inequality of wealth and income is putting the famous American middle class in danger of becoming a distant memory as American children, for the first time in our history, now face economic prospects worse than what their parents enjoyed. We suffer from more frequent financial “shocks” and linger in recession far longer than in the past. Education and health care systems are being decimated. And if all this were not enough, environmental destruction continues to escalate as we stand on the verge of triggering irreversible, and perhaps cataclys- mic, climate change. yst w s em p e s n s o l s a s i s b o i l p iCreated by Matt Caisley o fromt the Noun Project r ie s & p However, in the midst of escalating economic dysfunction, new economic initia- tives are sprouting up everywhere. What these diverse “new” or “future” economy initiatives have in common is that they reject the economics of competition and greed and aspire instead to develop an economics of equitable cooperation that is environmentally sustainable. What they also have in common is that they must survive in a hostile economic environment.1 Helping these exciting and hopeful future economic initiatives grow and stay true to their principles will require us to think more clearly about what kind of “next system” these initiatives point toward. It is in this spirit -
Alternatives to Capitalism Proposals for a Democratic Economy
ALTERNATIVES TO CAPITALISM PROPOSALS FOR A DEMOCRATIC ECONOMY Robin Hahnel Erik Olin Wright CONTENTS Acknowledgements ii Introduction iii Part One 1. The Case for Participatory Economics 2 Robin Hahnel 2. Participatory Economics: A Sympathetic 11 Critique Erik Olin Wright 3. In Defence of Participatory Economics 38 Robin Hahnel Part Two 4. Socialism and Real Utopias 61 Erik Olin Wright 5. Breaking With Capitalism 85 Robin Hahnel 6. Final Thoughts 107 Erik Olin Wright About the authors 121 i ACKNOWLEDGEMENTS Robin would like to thank Mesa Refuge, a writers retreat in Point Reyes Station, California, where he was a resident for two weeks during this last year. ii INTRODUCTION New Left Project Poverty, exploitation, instability, hierarchy, subordination, environmental exhaustion, radical inequalities of wealth and power—it is not difficult to list capitalism’s myriad injustices. But is there a preferable and workable alternative? What would a viable free and democratic free society look like? Alternatives to Capitalism: Proposals for a Democratic Economy presents a debate between two such possibilities: Robin Hahnel’s “participatory economics” and Erik Olin Wright’s “real utopian” socialism. It is a detailed and at times technical discussion that rewards careful engagement. Those who put the effort in will, we hope, find that it illuminates a range of issues and dilemmas of crucial importance to any serious effort to build a better world. Is it worth devoting energy to thinking about alternatives to capitalism? There is a tradition within anti-capitalist politics which thinks not. It is argued that idle speculation distracts from what really matters: the struggles emerging in the here and now, which are the soil from which any emancipatory future will spring. -
'Workers' Self-Directed Enterprises' *Accepted Version of an A
ORE Open Research Exeter TITLE Beyond Co-optation: Revisiting the Transformative Function of "Workers’ Self-Directed Enterprises" AUTHORS Masquelier, CAD JOURNAL Socialism and Democracy DEPOSITED IN ORE 03 July 2017 This version available at http://hdl.handle.net/10871/28276 COPYRIGHT AND REUSE Open Research Exeter makes this work available in accordance with publisher policies. A NOTE ON VERSIONS The version presented here may differ from the published version. If citing, you are advised to consult the published version for pagination, volume/issue and date of publication Beyond co-option: revisiting the transformative function of ‘workers’ self-directed enterprises’ *Accepted version of an article to be published by Socialism and Democracy* Introduction In several recent accounts on the prospects for social change, commentators have sought to assign a transformative role to enterprises owned and managed by workers. According to Gar Alperovitz (2011; 2013), for example, these economic organisational forms – among others – not only offer solutions to the problems generated by capitalism, but are also said to have initiated a gradual process of social transformation or ‘evolutionary reconstruction.’ Such views are echoed in Richard Wolff’s work, in which ‘workers’ self directed enterprises’ (WSDEs) are presented as both a ‘superior way to organize production’ and one of the ‘contemporary programs for progressive social change’ (2012: 2). Belief in the transformative capacity of cooperative enterprises, however, is not new. In the UK, a large proportion of the Rochdale Pioneers identified with the socialist cause, and shared Robert Owen’s optimism regarding the possibility for cooperatives to lead the development of a new social (and ‘moral’) order. -
Changing Anarchism.Pdf
Changing anarchism Changing anarchism Anarchist theory and practice in a global age edited by Jonathan Purkis and James Bowen Manchester University Press Manchester and New York distributed exclusively in the USA by Palgrave Copyright © Manchester University Press 2004 While copyright in the volume as a whole is vested in Manchester University Press, copyright in individual chapters belongs to their respective authors. This electronic version has been made freely available under a Creative Commons (CC-BY-NC- ND) licence, which permits non-commercial use, distribution and reproduction provided the author(s) and Manchester University Press are fully cited and no modifications or adaptations are made. Details of the licence can be viewed at https://creativecommons.org/licenses/by-nc-nd/3.0/ Published by Manchester University Press Oxford Road, Manchester M13 9NR, UK and Room 400, 175 Fifth Avenue, New York, NY 10010, USA www.manchesteruniversitypress.co.uk British Library Cataloguing-in-Publication Data A catalogue record for this book is available from the British Library Library of Congress Cataloging-in-Publication Data applied for ISBN 0 7190 6694 8 hardback First published 2004 13 12 11 10 09 08 07 06 05 04 10 9 8 7 6 5 4 3 2 1 Typeset in Sabon with Gill Sans display by Servis Filmsetting Ltd, Manchester Printed in Great Britain by CPI, Bath Dedicated to the memory of John Moore, who died suddenly while this book was in production. His lively, innovative and pioneering contributions to anarchist theory and practice will be greatly missed. -
Toward a Socialism for the Future
TOWARD A SOCIALISM FOR THE FUTURE: IN THE WAKE OF THE DEMISE OF THE SOCIALISM OF THE PAST' Thomas E. Weisskopf Department of Economics University of Michigan October 1991 *This paper grew out of my involvement for the past two years in lively and wide-ranging discussions of Marxism and socialism over the Progressive Economists' Network (PEN) for electronic computer correspondence. I am grateful to countless PEN participants for their engagement in these discussions; and I would like to mention in particular my indebtedness to Michael Lebowitz for his role in a series of stimulating debates. I am also grateful to Sam Bowles, David Kotz, and participants in Michael Reich's political economy seminar at the University of California, Berkeley, for constructive comments on earlier drafts of this paper. I remain, of course, solely responsible for the views expressed here. ABSTRACT In this paper I seek to explore what kind of socialist system can best make good on the socialist commitment to equity; democracy and solidarity -- in the wake of the failure of the political-economic systems of the USSR and Eastern Europe. I identify and explore two alternative models of socialism -- market socialism and participatory socialism -- and conclude by endorsing a form of democratic self-managed market socialism. Jntroduction What is socialism really all about? The revolutionary events of 1989 in Eastern Europe, and the enormous changes that have been taking place in the Soviet Union since then, have raised this question with renewed acuity. The idea of socialism developed historically out of opposition to the reality of capitalism. -
What Economic Structure for Socialism?
What Economic Structure for Socialism? by David M. Kotz Economics Department Thompson Hall University of Massachusetts Amherst Amherst, MA 01003 U.S.A. Telephone 413-545-0739 Fax 413-545-2921 E-mail [email protected] March, 2008 This paper was written for the Fourth International Conference "Karl Marx and the Challenges of the XXI Century," Havana, May 5-8, 2008. What Economic Structure for Socialism?, by David M. Kotz 1 1. Introduction Popular support for socialism has rebounded from the low point reached in the early 1990s following the sudden demise of Communist Party rule in the former Soviet Union and in Central and Eastern Europe. Since then the intensifying problems generated by neoliberal capitalism have spurred renewed interest in an alternative. New efforts to build socialism have recently emerged in several countries in South America. However, it is not yet clear what "a new socialism for the twenty-first century" might be. There is general agreement that the mistakes of twentieth century socialism should not be repeated. In particular, most socialists believe that the economic structure of twentieth century socialism had serious flaws. There is little agreement, however, about what kind of economic institutions should form the basis for a new socialism. Some have advocated the harnessing of market forces as the route to a viable socialism. It is claimed that market socialism can combine the efficiency, innovativeness, and individual choice which competitive markets are supposed to assure with the social justice and economic security promised by socialism. Some point to the rapid economic growth in China since its shift to a market economy as evidence for the potential success of market socialism. -
Eco-Localism: a Constructive Critique
Eco-localism: A Constructive Critique Robin Hahnel In the aftermath of the collapse of communism, debate about alternatives to capitalism has divided into three camps: advocates of market socialism, proponents of democratic planning, and supporters of community-based economics. Few anti- capitalists—whether they favor market socialism, democratic planning, or community-based economics—deceive themselves that there is more than a tiny minority in any advanced economy who are ready to replace capitalism at this time. Most of us understand all too well how strong capitalist hegemony is at present. Moreover, market socialism, democratic planning, and community-based economics are all visions of a thoroughly democratic economy, and supporters understand that this means that until a super-majority supports their vision of a more desirable future, it cannot come to fruition. Therefore, advocates of all three alternative visions understand that—with the exception of a few countries where significant portions of the population may now, or soon, support abandoning capitalism—the struggle to eventually replace capitalism must, for the foreseeable future, concentrate on fighting to reform capitalism and building experiments in equitable cooperation within capitalism. The Importance of Economic Vision Despite important differences of opinion about how best to organize a desirable alternative to capitalism, advocates of market socialism, democratic planning, and community-based economics should be—and usually are—staunch allies both in most reform struggles to combat the ill-effects of free-market capitalism and most projects that promote equitable cooperation over competition and greed. But if replacing capitalism is not on the near horizon in most of the world, why devote time and energy to debating the pros and cons of different post-capitalist visions now, particularly if this reminds people who need to work together of their differences? Some anti-capitalists advocate denouncing capitalism as the root source of many of today’s problems. -
History of Marxism & Socialism
History of Marxism & Socialism: A Chart of Key Figures with Comments Dr. Rodney G. Peffer SOCIALIST SOCIALIST ANARCHISM ANARCHISM CLASSICAL UTOPIAN EVOLUTIONARY PROTO-SOCIAL IN EUROPE: IN UK & USA: MARXISM: SOCIALISM: SOCIALISM: DEMOCRACY 19th-Early 20th C. 19th-Early 20th C. 19th Century Late 18th Century- Late 19th Century Late 19th Century Mid 19th Century Pierre Proudhon William Godwin Karl Marx (Later) Fr. Engels Louis Blanc Mikhail Bakunin Johann Most Friedrich Engels Gracchus Babeuf Ferdinand Lassalle Daniel De Leon Louis Blanqui Oscar Wilde Eleanor Marx Saint-Simon William Morris1 William Morris2 Louise Michel James Connolly Wilhelm Liebknecht Auguste Comte Eduard Bernstein1 Eduard Bernstein2 Pietr Kropotkin Big Bill Haywood; August Bebel Charles Fourier Edward Bellamy; Henry George Leo Tolstoy Mother Jones; Joe Hill; Karl Kautsky Robert Owen Charlotte Gilmore Richard Ely Luigi Fabbri John Reed Georgi Plekhanov Perkins Victor Berger "LIBERAL" IMPORTANT NON- SOCIALIST HETERODOX MARXISTS/ CLASSICAL AUSTRO- MARXIST SOCIAL SOCIAL ANARCHISM ECONOMISTS SOCIALISTS i MARXISM: MARXISM SCIENTISTS DEMOCRACY Early-Mid 20th C. Early-Mid 20th C Early-Mid 20th C. Early-Mid 20th C. Early-Mid 20th C. Early-Mid 20th C Early-Mid 20th C. Emma Goldman J.M. Keynes Eugene V. Debs; Helen V.I. Lenin Rudolph Hilferding Emile Durkheim Jean Jaurès; Alexander Berkman; Michael Kalecki Keller; Antonie Panne- Leon Trotsky Otto Bauer Thorsten Veblin Sidney & Beatrice Ricardo Flores Magón; Nicholas Kaldor koek; G.D.H. Cole; Rosa Luxemburg Max Adler Max Weber Webb; G.B. Shaw; Rudolf Rocker; Gunnar Myrdal José Carlos Mariátegui; Karl Liebnecht Victor Adler Joseph Schumpeter Ramsay MacDonald; Buenaventura Duratti Joan Robinson Victor Serge; Andres Franz Mehring Karl Renner Talcott Parsons Leon Blum Lucía Sánchez Saornil Piero Sraffa Nin; George Orwell; Antonio Gramsci Otto Neurath C. -
A Critical Appraisal of What Could Be an Anarchist Political Economy
the author(s) 2014 ISSN 1473-2866 (Online) ISSN 2052-1499 (Print) www.ephemerajournal.org volume 14(4): 739-751 A critical appraisal of what could be an anarchist political economy Angela Wigger Conflated with anti-statism, anything goes, chaos, violence and terrorism, anarchism is probably one of the most misconstrued and demonized political ideologies of our times. Anarchist writings have long been the preserve of activist subcultures, while attracting only marginal attention in academic circles. The tide seems to have changed alongside the widespread disillusionment with the authoritarian neoliberal state and sweeping Orwellian surveillance apparatuses in the wake of the current crisis. Particularly, the political momentum of horizontalist social movements with anarchist traits, taking to the squares and demanding ‘real democracy now’, has spurred renewed academic curiosity in anarchist ideas and practices. Much of this ideological appreciation might be of a transient nature only, flirting with what David Graeber (2002: 72) referred to as ‘small-a anarchism’. Notwithstanding, the reinvigorated interest in anarchist thought epitomizes the search for an alternative socio-economic order – an order that goes beyond reformist and parochial conceptions of what is commonly considered politically acceptable and feasible. The (re-)production of everyday life through work lies at the foundation of every economic and political system, including of what could be an anarchist one. What alternative views on the production, distribution and consumption of goods and services does anarchism offer? What are the virtues and pitfalls of an anarchist organisation of the economy? Anarchism might not be celebrated for its distinguished views on the economy; yet a range of anarchists has outlined fairly concrete views on how to organise alternative forms of production, and for that matter, an alternative socio-economic order that is non-capitalist in essence. -
Marx @ 200: Debating Capitalism & Perspectives for the Future of Radical Theory
Marx @ 200: Debating Capitalism & Perspectives for the Future of Radical Theory Edited by Christian Fuchs & Lara Monticelli Published on the occasion Marx’s bicentenary on May 5, 2018, by the journal tripleC: Communication, Capitalism & Critique (http://www.triple-c.at) Citation: Fuchs, Christian and Lara Monticelli, eds. 2018. Marx @ 200: Debating Capitalism & Perspectives for the Future of Radical Theory. tripleC: Communication, Capitalism & Critique 16 (2): 406-741. Cover image: Portrait Karl Marx, by Andrey-KZ, Licensed use from iStockPhoto.com Copyright notice: This publication and all of its articles hold a Creative Commons-Atribution-NonCommercial-NoDerivatives (CC-BY-NC-ND) licence (https://creativecommons.org/licenses/by-nc-nd/4.0/). Reproduction is only allowed in the original format (original pdf, html) with atttibution of the original authors, title, meta-data, source and publication URL for non-commercial purposes and is not allowed for any sales purposes (neither for-profit- nor not-for-profit-sale is allowed). For any derivatives (such as translations, excerpts, edited versions, alternative formats, etc.) or re-use in other publications that are for sale (even if sold not-for-profit), written permission needs to be sought from tripleC (Contact: Christian Fuchs, Editor, [email protected]) Table of Contents Introduction Christian Fuchs & Lara Monticelli Repeating Marx: Introduction to the Special Issue "Karl Marx @ 200: Debating Capitalism & Perspectives for the Future of Radical Theory"………………………..…...………406-414 -
What Is Anarchist Communism?
Wayne Price What is Anarchist Communism? 2008 The Anarchist Library Contents I The contradictory meanings of Communism3 II It is Not the Label but the Content Which Matters5 The Need for Increased World Production............ 6 Phases of Communism........................ 7 Should We Call Ourselves Communists?............. 8 References ............................... 10 2 Part I The contradictory meanings of Communism There was a vision, called “communism,” which was held by Kropotkin and other anarchist-communists in the 19th and early 20th century. Marx and Engels shared essentially the same goal. In the stateless, classless, society of communism, the means of production would be held in common (by the com- munity), work would be carried out due to social motives rather than for wages, and consumer goods would be available to all according to their needs. But during the Cold War, “communism” came to mean something entirely different. Great nations were ruled by self-named Communist Parties. Their economies were managed by totalitarian states, their powerless workers pro- duced commodities sold on the internal and international market, and they worked for wages (that is, they sold their labor power as commodities to their bosses). In that era, “Communists” were mostly people who supported those types of state-capitalist tyrannies. They included pro-Moscow Communist Parties, Maoists, other Stalinists, and most Trotskyists. They called themselves “Com- munists,” and so did most of their opponents. On the other hand, “anti- Communists” were not simply those who opposed such regimes but those who supported Western imperialism — a group ranging from liberals to deranged fascists. At the same time, the pro-Moscow types denounced libertarian social- ists as “anti-Communist” as well as “anti-Soviet.” Some people took to calling themselves “anti-anti-Communists,” as a way of saying that they did not endorse the Communists but were against the McCarthyite witchhunt. -
Chapter 15 Review of Other Socialist Proposals
Chapter 15 Review of other socialist proposals We have in the past tended to avoid expressing criticisms of other socialist writers, prefering instead to concentrate our critical faculties on prominent con- servative economists. For the French edition of this book the publishers have asked us to review several contemporary socialist authors in order to explain where we stand in relation to them. One should bear in mind that ideas devel- oped independently by different writers may coincide on some points and differ on others. Some of these differences may, in the big picture, be relatively unim- portant, reflecting as they do each individual author’s journey to their current position from different cultural starting points. Other differences may be more significant insofar as they relate to substantive policy issues. One may have the most varied views of history withouth this causing dispute if one’s views on what should be done in the future coincide. Thus, in our reviews that follow we attempt to distinguish what we consider to be essentially scholarly differences with others, from politically important differences. Parecon Parecon is both the title of a bookAlbert (2003), and a neologism that its au- thor intends to replace the word socialism. He feels that the word socialism has become so encumbered by notions of ’market socialism’ that it has become nec- essary to invent an entirely new word to designate the non-market post-capitalist system that he advocates. Parecon stands for Participatory Economics, and the concept is the joint work of Michael Albert and his frequent collaborator Robin Hahnel.