Participatory Economics: Alternative to Capitalism?

Watch this Video: War machine churns despite shutdown, 27.52 min, published on ZNet (source: Russia Today RT), by Michael Albert and Abby Martin, October 10, 2013 …
same on YouTube, uploaded by breakingtheset, October 8, 2013: Abby Martin Breaks the Set on Government Shutdown Side Effects, Alternative Economics, Chicago’s Fire Bombing, and “Less than Lethal” Weapons:  

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EPISODE BREAKDOWN: On this episode of Breaking the Set, Abby Martin calls out the absurdity of de-furloughing thousands of military defense contractors because of “national security”, all the while leaving thousands of food and safety inspectors out of work due to the government shutdown. Abby then speaks to co-founder of the participatory economics theory, Michael Albert, about how this philosophy would work for all, and why it’s different from other alternatives to capitalism. Abby then looks back on the tragic incident in 1985 where police firebombed a Philadelphia neighborhood in an attempt to punish members of the MOVE revolutionary political group. To this day, no one has been held accountable for the deaths of 11 people including 5 children who were burned alive. BTS wraps up the show highlighting a few of the most disturbing crowd control gadgets used by militarized police on protestors across the country.

Link: the Participatory Economy page on ZNet: PARECON.

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