Market Abolitionism
   HOME
*





Market Abolitionism
Market abolitionism is the belief that the economic market should be completely eliminated from society. Market abolitionists argue that markets are ethically abhorrent, antisocial and fundamentally incompatible with long term human and environmental survival. In large countries in the modern world, the only significant alternative to a market economy has been central planning as was practiced in the early Soviet Union and in the People's Republic of China before the 1990s. Other proposed alternatives to the market economy (participatory planning as proposed in the theory of participatory economics (parecon), an artificial market as proposed by advocates of Inclusive Democracy and the idea of substituting a gift economy for a commodity exchange) have not yet been tried on a large scale in the modern industrialized world. Nonetheless, anarchists believe that alternative organizational methods have been implemented successfully during short periods of time, namely the early sta ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Economic Market
In economics, a market is a composition of systems, institutions, procedures, social relations or infrastructures whereby parties engage in Exchange (economics), exchange. While parties may exchange goods and services by barter, most markets rely on sellers offering their goods or services (including labour power) to buyers in exchange for money. It can be said that a market is the process by which the prices of goods and services are established. Markets facilitate trade and enable the distribution and allocation of resources in a society. Markets allow any tradeable item to be evaluated and priced. A market emergence, emerges more or less spontaneous order, spontaneously or may be constructed deliberately by human interaction in order to enable the exchange of rights (cf. ownership) of services and goods. Markets generally supplant gift economies and are often held in place through rules and customs, such as a booth fee, competitive pricing, and source of goods for sale (local p ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


Dover Publications
Dover Publications, also known as Dover Books, is an American book publisher founded in 1941 by Hayward and Blanche Cirker. It primarily reissues books that are out of print from their original publishers. These are often, but not always, books in the public domain. The original published editions may be scarce or historically significant. Dover republishes these books, making them available at a significantly reduced cost. Classic reprints Dover reprints classic works of literature, classical sheet music, and public-domain images from the 18th and 19th centuries. Dover also publishes an extensive collection of mathematical, scientific, and engineering texts. It often targets its reprints at a niche market, such as woodworking. Starting in 2015, the company branched out into graphic novel reprints, overseen by Dover acquisitions editor and former comics writer and editor Drew Ford. Most Dover reprints are photo facsimiles of the originals, retaining the original pagination and ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


Brink Lindsey
Brink Lindsey is an American political writer, and Vice President and Director of the Open Society Project at the Niskanen Center. Previously he was the Cato Institute's vice president for research. From 1998 to 2004, he was director of Cato's Center for Trade Policy Studies, focusing on free trade, and also editor of Cato Unbound, a monthly web magazine. He was a senior fellow with the Kauffman Foundation from 2010 to 2012. An attorney with a background in international trade regulation, Lindsey was formerly director of regulatory studies at Cato and senior editor of ''Regulation magazine''. He is a contributing editor at ''Reason magazine'' and a frequent discussion guest on BloggingHeads.tv and often moderates Cato panel discussions. A registered Republican and self-proclaimed libertarian, he endorsed Sen. Barack Obama during the 2008 presidential campaign. He has written on a broad range of topics including trade, economic growth, cultural division, economic inequality, ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Friedrich Hayek
Friedrich August von Hayek ( , ; 8 May 189923 March 1992), often referred to by his initials F. A. Hayek, was an Austrian–British economist, legal theorist and philosopher who is best known for his defense of classical liberalism. Hayek shared the 1974 Nobel Memorial Prize in Economic Sciences with Gunnar Myrdal for their work on money and economic fluctuations, and the interdependence of economic, social and institutional phenomena. His account of how changing prices communicate information that helps individuals coordinate their plans is widely regarded as an important achievement in economics, leading to his prize. Hayek served in World War I during his teenage years and said that this experience in the war and his desire to help avoid the mistakes that had led to the war drew him into economics. At the University of Vienna, he studied economics, eventually receiving his doctoral degrees in law in 1921 and in political science in 1923. He subsequently lived and work ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Milton Friedman
Milton Friedman (; July 31, 1912 – November 16, 2006) was an American economist and statistician who received the 1976 Nobel Memorial Prize in Economic Sciences for his research on consumption analysis, monetary history and theory and the complexity of stabilization policy. With George Stigler and others, Friedman was among the intellectual leaders of the Chicago school of economics, a neoclassical school of economic thought associated with the work of the faculty at the University of Chicago that rejected Keynesianism in favor of monetarism until the mid-1970s, when it turned to new classical macroeconomics heavily based on the concept of rational expectations. Several students, young professors and academics who were recruited or mentored by Friedman at Chicago went on to become leading economists, including Gary Becker, Robert Fogel, Thomas Sowell and Robert Lucas Jr. Friedman's challenges to what he called "naive Keynesian theory" began with his interpretation ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Noam Chomsky
Avram Noam Chomsky (born December 7, 1928) is an American public intellectual: a linguist, philosopher, cognitive scientist, historian, social critic, and political activist. Sometimes called "the father of modern linguistics", Chomsky is also a major figure in analytic philosophy and one of the founders of the field of cognitive science. He is a Laureate Professor of Linguistics at the University of Arizona and an Institute Professor Emeritus at the Massachusetts Institute of Technology (MIT), and is the author of more than 150 books on topics such as linguistics, war, politics, and mass media. Ideologically, he aligns with anarcho-syndicalism and libertarian socialism. Born to Ashkenazi Jewish immigrants in Philadelphia, Chomsky developed an early interest in anarchism from alternative bookstores in New York City. He studied at the University of Pennsylvania. During his postgraduate work in the Harvard Society of Fellows, Chomsky developed the theory of transformati ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


Z Magazine
Z Communications is a left-wing activist-oriented media group founded in 1986 by Michael Albert and Lydia Sargent.Max Elbaum''Revolution in the Air: Sixties Radicals Turn to Lenin, Mao and Che'' London, England, UK; New York, New York, US: Verso, 2002. p. 296. It is, in broad terms, ideologically libertarian socialist, anti-capitalist, and heavily influenced by participatory economics, although much of its content is focused on critical commentary of foreign affairs. Its publications include ''Z Magazine'', ''ZNet'', and ''Z Video''. Since early November 2022, they have all been regrouped under the name ''ZNetwork''. History ''Zeta Magazine'' was founded by Michael Albert and Lydia Sargent in 1987, both of whom had previously co-founded South End Press. It was renamed ''Z Magazine'' in 1989. Founded in 1994, Z Media Institute provides classes and other sessions in how to start and produce alternative media, how to better understand media, and how to develop organising skills. ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  




Parecon
Participatory economics, often abbreviated Parecon, is an economic system based on participatory decision making as the primary economic mechanism for allocation in society. In the system, the say in decision-making is proportional to the impact on a person or group of people. Participatory economics is a form of socialist decentralized planned economy involving the common ownership of the means of production. It is a proposed alternative to contemporary capitalism and centralized planning. This economic model is primarily associated with political theorist Michael Albert and economist Robin Hahnel, who describes participatory economics as an anarchist economic vision. The underlying values that parecon seeks to implement are equity, solidarity, diversity, workers' self-management, efficiency (defined as accomplishing goals without wasting valued assets) and sustainability. The institutions of parecon include workers' and consumers' councils utilising self-managerial methods fo ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


Robin Hahnel
Robin Eric Hahnel (born March 25, 1946) is an American economist and professor emeritus of economics at American University. He was a professor at American University for many years and traveled extensively advising on economic matters all over the world. He is best known for his work on participatory economics with ''Z Magazine'' editor Michael Albert. Politically, Hahnel considers himself a product of the New Left and is sympathetic to libertarian socialism. He has been active in many social movements and organizations for forty years, notably as a participant in student movements opposed to the American invasion of South Vietnam, more recently with the Southern Maryland Greens, a local chapter of the Maryland Green Party, and the Green Party of the United States. Hahnel's work in economic theory and analysis is informed by the work of Marx, Keynes, Piero Sraffa, Michał Kalecki, and Joan Robinson, among others. He has served as a visiting professor or economist in Cuba, Peru, ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


Znet
Z Communications is a left-wing activist-oriented media group founded in 1986 by Michael Albert and Lydia Sargent.Max Elbaum''Revolution in the Air: Sixties Radicals Turn to Lenin, Mao and Che'' London, England, UK; New York, New York, US: Verso, 2002. p. 296. It is, in broad terms, ideologically libertarian socialist, anti-capitalist, and heavily influenced by participatory economics, although much of its content is focused on critical commentary of foreign affairs. Its publications include ''Z Magazine'', ''ZNet'', and ''Z Video''. Since early November 2022, they have all been regrouped under the name ''ZNetwork''. History ''Zeta Magazine'' was founded by Michael Albert and Lydia Sargent in 1987, both of whom had previously co-founded South End Press. It was renamed ''Z Magazine'' in 1989. Founded in 1994, Z Media Institute provides classes and other sessions in how to start and produce alternative media, how to better understand media, and how to develop organising skills. ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


Michael Albert
Michael Albert (born April 8, 1947) is an American economist, speaker, writer, and political critic. Since the late 1970s, he has published books, articles, and other contributions on a wide array of subjects. He has also set up his own media outfits, magazines, and podcasts. He is known for helping to develop the socioeconomic theory of participatory economics. Biography Albert was born in New York City and grew up in New Rochelle, New York. In 1965, Albert was studying physics at MIT. He objected to the US military's funding of the university. This, along with the civil rights movement, led Albert to become politically active. He became a member of Students for a Democratic Society and opposed the Vietnam War. He was expelled from MIT, in January 1970, for disruptive behaviour, although he claimed the charges were 'cooked-up'. Albert founded South End Press in 1977 along with Lydia Sargent and Juliet Schor, among others. In 1987, Albert founded ''Zeta Magazine'' with Sarge ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  




The New Press
The New Press is an independent non-profit public-interest book publisher established in 1992 by André SchiffrinNew Press Founder André Schiffrin Dead at 78
, . Accessed August 1, 2014.
( Chevalier of the Légion d'honneur) and Diane Wachtell,Robert D. McFadde

[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]