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  • Book cover of Remembering Tomorrow

    In this lucid political memoir, veteran anti-capitalist activist Michael Albert offers an ardent defense of the project to transform global inequality. Albert, a uniquely visionary figure, recounts a life of uncompromising commitment to creating change one step at a time. Whether chronicling the battles against the Vietnam War, those waged on Boston campuses, or the challenges of creating living, breathing alternative social models, Albert brings a keen and unwavering sense of justice to his work, pointing the way forward for the next generation.

  • Book cover of Realizing Hope

    Albert's economic replacement for capitalism, 'Parecon' has already become well known. Here he goes further offering insights about how whole areas of life might be transformed in a new society.

  • Book cover of Parecon

    'What do you want?' is a constant query put to economic and globalization activists decrying current poverty, alienation and degradation. In this highly praised new work, destined to attract worldwide attention and support, Michael Albert provides an answer: Participatory Economics, 'Parecon' for short, a new economy, an alternative to capitalism, built on familiar values including solidarity, equity, diversity and people democratically controlling their own lives, but utilizing original institutions fully described and defended in the book.

  • Book cover of Socialism Today and Tomorrow

    Socialism Today and Tomorrow by Michael Albert and Robin Hahnel, seeks to understand and evaluate post-capitalist experiences in the Soviet Union, China, and Cuba and to present a new socialist vision relevant for the United States and other industrialized countries. It addresses issues concerning political, economic, kindship, and community relations.

  • Book cover of Quiet Revolution in Welfare Economics

    This ambitious work presents a critique of traditional welfare theory and proposes a new approach to it. Radical economists Robin Hahnel and Michael Albert argue that an improved theory of social welfare can consolidate and extend recent advances in microeconomic theory, and generate exciting new results as well. The authors show that once the traditional "welfare paradigm" is appropriately modified, a revitalized welfare theory can clarify the relationship between individual and social rationalitya task that continues to be of interest to mainstream and nonmainstream economists alike. Hahnel and Albert show how recent work in the theory of the labor process, externalities, public goods, and endogenous preferences can advance research in welfare theory. In a series of important theorems, the authors extend the concept of Pareto optimality to dynamic contexts with changing preferences and thus highlight the importance of institutional bias. This discussion provides the basis for further analysis of the properties and consequences of private and public enterprise and of markets and central planning. Not surprisingly, Hahnel and Albert reach a number of conclusions at odds with conventional wisdom. Originally published in 1990. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.

  • Book cover of Lessons in Play

    This second edition of Lessons in Play reorganizes the presentation of the popular original text in combinatorial game theory to make it even more widely accessible. Starting with a focus on the essential concepts and applications, it then moves on to more technical material. Still written in a textbook style with supporting evidence and proofs, the authors add many more exercises and examples and implement a two-step approach for some aspects of the material involving an initial introduction, examples, and basic results to be followed later by more detail and abstract results. Features Employs a widely accessible style to the explanation of combinatorial game theory Contains multiple case studies Expands further directions and applications of the field Includes a complete rewrite of CGSuite material

  • Book cover of No Bosses

    Providing hope and direction to sustain commitment on the path to change, No Bosses is about winning a new world. Life under capitalism. Rampant debilitating denial for the many next to vile enrichment of the few. Material deprivation, denial, and denigration. Dignity defiled. Michael Albert's book No Bosses advocates for the conception and then organization of a new economy. The vision offered is called participatory economics. It elevates self-management, equity, solidarity, diversity, and sustainability. It eliminates elitist, arrogant, dismissive, authoritarian, exploitation, competition, and homogenization. No Bosses proposes a built and natural productive commons, self-management by all who work, income for how long, how hard, and the onerousness of conditions of socially valued work, jobs that give all economic actors comparable means and inclination to participate in decisions that affect them, and a process called participatory planning in which caring behavior and solidarity are the currency of collective and individual success.

  • Book cover of Unorthodox Marxism

    This "essay on capitalism, socialism, and revolution" offers a councilist critique of orthodox Marxism and offers, in the place of Marxism, a new view of socialist revolution consistent with modern circumstances.

  • Book cover of The Trajectory of Change

    The Trajectory of Change charts a course for the growing, international movement against corporate globalization. Michael Albert, a longtime activist and analyst of popular struggles, challenges the movement to reach out to "ordinary people" by demonstrating how their lives are negatively affected by creeping corporatism. Albert connects issues confronting working people in the United States (such as access to health care, workplace rights and safety, declining wages, and unemployment) to a critique of institutions that currently dominate the global economy. And he offers a compelling argument for a strategy based on civil disobedience and protest rather than individual acts of vandalism or violence. Albert also suggests reasons for the recent revival of political protest, from the Battle in Seattle to the demonstrations in Quebec, Canada, and Genoa, Italy. At the same time, he argues that it isn't enough for protesters to stand against global economic injustice. To be effective, Albert argues that we need to develop a clear vision of what we stand for. He makes the case for collectively creating a vision of a participatory, democratic, and egalitarian society. Michael Albert is a founder of Z Magazine and Z Net, a web site and electronic commentary service based in Woods Hole, Massachusetts. He also co-founded South End Press. He is the author of Looking Forward (with Robert Hahnel) and Stop the Killing Trade, among other books on economics and social change.

  • Book cover of Stop the Killing Train

    This book does not simply say "no" to the "killing train." It says "yes" to justice and liberation, offering detailed glimpses of what society could be like and strategic advice for how to get there.