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Balanced Job Complex
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 a socialist decentralized planned economy involving the collective 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-manager ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economic System
An economic system, or economic order, is a system of production, resource allocation and distribution of goods and services within an economy. It includes the combination of the various institutions, agencies, entities, decision-making processes, and patterns of consumption that comprise the economic structure of a given community. An economic system is a type of social system. The mode of production is a related concept. All economic systems must confront and solve the four fundamental economic problems: * What kinds and quantities of goods shall be produced: This fundamental economic problem is anchored on the theory of pricing. The theory of pricing, in this context, has to do with the economic decision-making between the production of capital goods and consumer goods in the economy in the face of scarce resources. In this regard, the critical evaluation of the needs of the society based on population distribution in terms of age, sex, occupation, and geography is very ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Workers' Self-management
Workers' self-management, also referred to as labor management and organizational self-management, is a form of organizational management based on self-directed work processes on the part of an organization's workforce. Self-managed economy, Self-management is a defining characteristic of socialism, with proposals for self-management having appeared many times throughout the history of the socialist movement, advocated variously by Democratic socialism, democratic, Libertarian socialism, libertarian and Market socialism, market socialists as well as anarchists and communists. There are many variations of self-management. In some variants, all the worker-members manage the enterprise directly through assemblies while in other forms workers exercise management functions indirectly through the election of specialist managers. Self-management may include worker supervision and oversight of an organization by elected bodies, the election of specialized managers, or self-directed ma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
South America
South America is a continent entirely in the Western Hemisphere and mostly in the Southern Hemisphere, with a considerably smaller portion in the Northern Hemisphere. It can also be described as the southern Subregion#Americas, subregion of the Americas. South America is bordered on the west by the Pacific Ocean, on the north and east by the Atlantic Ocean, and to the south by the Drake Passage; North America and the Caribbean Sea lie to the northwest. The continent includes twelve sovereign states: Argentina, Bolivia, Brazil, Chile, Colombia, Ecuador, Guyana, Paraguay, Peru, Suriname, Uruguay, and Venezuela; two dependent territory, dependent territories: the Falkland Islands and South Georgia and the South Sandwich Islands; and one administrative division, internal territory: French Guiana. The Dutch Caribbean ABC islands (Leeward Antilles), ABC islands (Aruba, Bonaire, and Curaçao) and Trinidad and Tobago are geologically located on the South-American continental shel ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Spanish Revolution Of 1936
The Spanish Revolution was a social revolution that began at the outbreak of the Spanish Civil War in 1936, following the Spanish coup of July 1936, attempted coup to overthrow the Second Spanish Republic and arming of the worker movements and formation of militias to fight the Nationalist faction (Spanish Civil War), Nationalists. It featured takeover of power at local levels by the Spanish workers' organizations and social movements, seizure and reorganization of economic facilities directed by trade union groups and local committees, and widespread implementation of Socialism, socialist, more narrowly, Libertarian socialism, libertarian socialist and anarchism in Spain, anarchist organizational principles throughout various portions of the Republican zone, primarily Revolutionary Catalonia, Catalonia, Anarchist Aragon, Aragon, Andalusia, and parts of the Valencian Community. Much of the economy of Spain was put under worker control; in anarchist strongholds like Catalonia, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Russian Revolution
The Russian Revolution was a period of Political revolution (Trotskyism), political and social revolution, social change in Russian Empire, Russia, starting in 1917. This period saw Russia Dissolution of the Russian Empire, abolish its monarchy and adopt a socialist form of government following two successive revolutions and Russian Civil War, a civil war. It can be seen as the precursor for Revolutions of 1917–1923, other revolutions that occurred in the aftermath of World War I, such as the German Revolution of 1918–1919. The Russian Revolution was a key events of the 20th century, key event of the 20th century. The Russian Revolution was inaugurated with the February Revolution in 1917, in the midst of World War I. With the German Empire inflicting defeats on the front, and increasing logistical problems causing shortages of bread and grain, the Russian Army was losing morale, with large scale mutiny looming. Officials were convinced that if Tsar Nicholas II abdicated ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ideology
An ideology is a set of beliefs or values attributed to a person or group of persons, especially those held for reasons that are not purely about belief in certain knowledge, in which "practical elements are as prominent as theoretical ones". Formerly applied primarily to Economy, economic, Political philosophy, political, or Religion, religious theories and policies, in a tradition going back to Karl Marx and Friedrich Engels, more recent use treats the term as mainly condemnatory. The term was coined by Antoine Destutt de Tracy, a French Enlightenment aristocrat and philosopher, who conceived it in 1796 as the "science of ideas" to develop a rational system of ideas to oppose the irrational impulses of the mob. In political science, the term is used in a Linguistic description, descriptive sense to refer to List of political ideologies, political belief systems. Etymology The term ''ideology'' originates from French language, French , itself coined from combining (; close to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Capitalism
Capitalism is an economic system based on the private ownership of the means of production and their use for the purpose of obtaining profit. This socioeconomic system has developed historically through several stages and is defined by a number of basic constituent elements: private property, profit motive, capital accumulation, competitive markets, commodification, wage labor, and an emphasis on innovation and economic growth. Capitalist economies tend to experience a business cycle of economic growth followed by recessions. Economists, historians, political economists, and sociologists have adopted different perspectives in their analyses of capitalism and have recognized various forms of it in practice. These include '' laissez-faire'' or free-market capitalism, state capitalism, and welfare capitalism. Different forms of capitalism feature varying degrees of free markets, public ownership, obstacles to free competition, and state-sanctioned social poli ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Decentralized Planning
A planned economy is a type of economic system where investment, production and the allocation of capital goods takes place according to economy-wide economic plans and production plans. A planned economy may use centralized, decentralized, participatory or Soviet-type forms of economic planning. The level of centralization or decentralization in decision-making and participation depends on the specific type of planning mechanism employed. Socialist states based on the Soviet model have used central planning, although a minority such as the former Socialist Federal Republic of Yugoslavia have adopted some degree of market socialism. Market abolitionist socialism replaces factor markets with direct calculation as the means to coordinate the activities of the various socially owned economic enterprises that make up the economy. More recent approaches to socialist planning and allocation have come from some economists and computer scientists proposing planning mechanisms based ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Remuneration
Remuneration is the pay or other financial compensation provided in exchange for an employee's ''services performed'' (not to be confused with giving (away), or donating, or the act of providing to). Remuneration is one component of reward management. In the UK, it can also refer to the automatic division of profits attributable to members in a Limited Liability Partnership (LLP). Types Remuneration can include: *Commission (remuneration), Commission *Employee benefits *Employee stock ownership *Executive compensation **Deferred compensation *Salary **Performance-linked incentives *Wage *Inventor (patent)#Compensation of inventors, Mandatory compensation payable by an employer to an employee for the benefit obtained from a patent for an invention made by an employee United States For wage withholding purposes under U.S. income tax law, the term "wage" means remuneration (with certain exceptions) for services performed by an employee for an employer.''See generally'' subsection (a) ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Consumers' Co-operative
A consumer cooperative is an enterprise owned by consumers and managed democratically and that aims at fulfilling the needs and aspirations of its members. Such cooperatives operate within the market economy independently of the state, as a form of mutual aid oriented toward service rather than pecuniary profit. Many cooperatives, however, do have a degree of profit orientation. Just like other corporations, some cooperatives issue dividends to owners based on a share of total net profit or earnings (all owners typically receive the same amount); or based on a percentage of the total amount of purchases made by the owner. Regardless of whether they issue a dividend or not, most consumers’ cooperatives will offer owners discounts and preferential access to goods and services. Consumer cooperatives often take the form of retail outlets owned and operated by their consumers, such as food cooperatives. However, there are many types of consumers' cooperatives, operating in areas s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Workers' Council
A workers' council, also called labour council, is a type of council in a workplace or a locality made up of workers or of temporary and instantly revocable delegates elected by the workers in a locality's workplaces. In such a system of political and economic organization, the workers themselves are able to exercise decision-making power. Furthermore, the workers within each council decide on what their agenda is and what their needs are. The council communist Anton Pannekoek describes shop-committees and sectional assemblies as the basis for workers' management of the industrial system. A variation is a soldiers' council, where soldiers direct a mutiny. Workers and soldiers have also operated councils in conjunction (like the 1918 German ''Arbeiter- und Soldatenrat''). Workers' councils may in turn elect delegates to central committees, such as the Congress of Soviets. Supporters of workers' councils (such as council communists, libertarian socialists, Leninists, anarch ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
