Alternatives to Capitalism: Proposals for a Democratic Economy

Alternatives to Capitalism: Proposals for a Democratic Economy

by Robin Hahnel, Erik Olin Wright

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Overview

What would a viable free and democratic society look like? 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?

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 rewarding discussion that illuminates a range of issues and dilemmas of crucial importance to any serious effort to build a better world.

Product Details

ISBN-13: 9781784785048
Publisher: Verso Books
Publication date: 05/03/2016
Pages: 158
Product dimensions: 5.50(w) x 8.10(h) x 0.30(d)

About the Author

Robin Hahnel is Professor Emeritus at American University in Washington DC, Research Affiliate at Portland State University, Visiting Professor at Lewis and Clark College, and Co-Director of Economics for Equity and the Environment. He is also the author of, amongst other books, Of the People, By the People: The Case for a Participatory Economy (2012) and The ABCs of Political Economy (2014).

Erik Olin Wright is Vilas Distinguished Professor of Sociology at the University of Wisconsin. He is the author of many books, including Classes, Interrogating Inequality, Class Counts, Deepening Democracy (with Archon Fung), Envisioning Real Utopias (2010) and Understanding Class (2015).

Table of Contents

Introduction: A Dialogue Ed Lewis 1

Part 1

1 The Case for Participatory Economics Robin Hahnel 7

2 Participatory Economics: A Sympathetic Critique Erik Olin Wright 17

3 In Defense of Participatory Economics Robin Hahnel 48

Part 2

4 Socialism and Real Utopias Erik Olin Wright 75

5 Breaking with Capitalism Robin Hahnel 106

6 Final Thoughts Erik Olin Wright 131

Acknowledgements 149

About the Authors 150

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