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Alternatives to Capitalism and the IMF Bailout: Parecon – Participatory Economics

20:00 - 23:00

Tuesday October 11th, 2011

Central Hotel, Exchequer St Dublin 2


Today's capitalist system has brought with it war, economic crisis, ecological decay, massive wealth inequality, alienation, authoritarianism and social breakdown. Are these problems inevitable, or could they be overcome in a different system? And if so, how? These issues, perhaps for the first time in history, have become a matter of survival.

Michael Albert, co-author of 'ParEcon: Life After Capitalism', co-founder of ZCommunications and leading US social activist will present 'Participatory Economics', a Vision for a type of democratic economy based on equitable co-operation that is put forward as an alternative to capitalism and also to other 20th century systems that have gone under the label 'socialism'. It includes new institutions that seek to foster self-management, equity, diversity and solidarity. Parecon is a direct and natural outgrowth of hundreds of years of struggle for economic justice as well as contemporary efforts with their accumulated wisdom and lessons.

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