Building up an economic alternative creates necessarily a set of problems, says Albert. That could be seen in Argentina. Hundreds of firms were taken over by workers in the wake of the economic downturn in 2001. Albert talks about encounters with a number of workers in Argentina who took over bankrupt firms abandoned by their owners and the coordinator class. While workers managed to get the plants back to work the take overs did not end up with a real alternative. In only a few years hierarchies and alienations showed up again, workers complain. But the reason for this development has nothing to do with human nature, says Albert. The problem was instead: The firms kept to the old division of labor and markets. A new class of coordinators took over and created again hierarchies while markets increased inequalities. These old institution have to be dismantled, too, and replaced by alternatives. Participatory endeavors should also be connected and focused on a shared goal to make them sustainable in creating an economy for the future.

See also: Part One: Parecon on German TV
And: Part Three: An Alternative to the Always-Crisis


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Michael Albert`s radicalization occurred during the 1960s. His political involvements, starting then and continuing to the present, have ranged from local, regional, and national organizing projects and campaigns to co-founding South End Press, Z Magazine, the Z Media Institute, and ZNet, and to working on all these projects, writing for various publications and publishers, giving public talks, etc. His personal interests, outside the political realm, focus on general science reading (with an emphasis on physics, math, and matters of evolution and cognitive science), computers, mystery and thriller/adventure novels, sea kayaking, and the more sedentary but no less challenging game of GO. Albert is the author of 21 books which include: No Bosses: A New Economy for a Better World; Fanfare for the Future; Remembering Tomorrow; Realizing Hope; and Parecon: Life After Capitalism. Michael is currently host of the podcast Revolution Z and is a Friend of ZNetwork.

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