This is the second part of a speech delivered to a CNT Sponsored gathering in Barcelona, Spain, October 11, 2011, published on Zcommunications
Participatory Economics, or parecon, which the replacement for capitalism that I advocate, is built on just four institutional commitments.
Parecon is therefore not a blueprint for a whole economy. It is a description of key features of just a few centrally important aspects of an economy.
Parecon is enough, and just enough, for us to know that with parecon future people will self manage their economic lives as they decide.