Libertarian socialism is an anti-authoritarian and anti-capitalist political current that emphasises self-governance and workers' self-management. It is contrasted from other forms of socialism by its rejection of state ownership and from other forms of libertarianism by its rejection of private property. Broadly defined, it includes schools of both anarchism and Marxism, as well as other tendencies that oppose the state and capitalism.
Avram Noam Chomsky is an American professor and public intellectual known for his work in linguistics, political activism, and social criticism. Sometimes called "the father of modern linguistics", Chomsky is also a major figure in analytic philosophy and one of the founders of the field of cognitive science. He is a laureate professor of linguistics at the University of Arizona and an institute professor emeritus at the Massachusetts Institute of Technology (MIT). Among the most cited living authors, Chomsky has written more than 150 books on topics such as linguistics, war, and politics. In addition to his work in linguistics, since the 1960s Chomsky has been an influential voice on the American left as a consistent critic of U.S. foreign policy, contemporary capitalism, and corporate influence on political institutions and the media.
Anti-capitalism is a political ideology and movement encompassing a variety of attitudes and ideas that oppose capitalism. In this sense, anti-capitalists are those who wish to replace capitalism with another type of economic system, such as socialism or communism.
A market economy is an economic system in which the decisions regarding investment, production, and distribution to the consumers are guided by the price signals created by the forces of supply and demand. The major characteristic of a market economy is the existence of factor markets that play a dominant role in the allocation of capital and the factors of production.
Wage slavery is a term used to criticize exploitation of labor by business, by keeping wages low or stagnant in order to maximize profits. The situation of wage slavery can be loosely defined as a person's dependence on wages for their livelihood, especially when wages are low, treatment and conditions are poor, and there are few chances of upward mobility.
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.
ZNetwork, formerly known as Z Communications, is a left-wing activist-oriented media group founded in 1986 by Michael Albert and Lydia Sargent. It is, in broad terms, ideologically libertarian socialist, anti-capitalist, and heavily influenced by participatory economics, although much of its content is focused on critical commentary of foreign affairs. Its publications include Z Magazine, ZNet, and Z Video. Since early November 2022, they have all been regrouped under the name ZNetwork.
Edward Samuel Herman was an American economist, media scholar and social critic. Herman is known for his media criticism, in particular the propaganda model hypothesis he developed with Noam Chomsky, a frequent co-writer. He held an appointment as Professor Emeritus of finance at the Wharton School of Business of the University of Pennsylvania. He also taught at Annenberg School for Communication at the University of Pennsylvania.
South End Press was a non-profit book publisher run on a model of participatory economics. It was founded in 1977 in Boston's South End. It published books written by political activists, notably Arundhati Roy, Noam Chomsky, bell hooks, Winona LaDuke, Manning Marable, Ward Churchill, Cherríe Moraga, Andrea Smith, Howard Zinn, Jeremy Brecher and Scott Tucker. South End Press closed in 2014.
Robin Eric Hahnel is an American economist and professor emeritus of economics at American University. He was a professor at American University for many years and traveled extensively advising on economic matters all over the world. He is best known for his work on participatory economics with Z Magazine editor Michael Albert.
G7 Welcoming Committee Records was a Canadian independent record label based in Winnipeg, Manitoba. The label mostly released material by artists and speakers with a radical left-wing point of view.
Post-capitalism is in part a hypothetical state in which the economic systems of the world can no longer be described as forms of capitalism. Various individuals and political ideologies have speculated on what would define such a world. According to classical Marxist and social evolutionary theories, post-capitalist societies may come about as a result of spontaneous evolution as capitalism becomes obsolete. Others propose models to intentionally replace capitalism, most notably socialism, communism, anarchism, nationalism and degrowth.
Criticism of capitalism is a critique of political economy that involves the rejection of, or dissatisfaction with the economic system of capitalism and its outcomes. Criticisms typically range from expressing disagreement with particular aspects or outcomes of capitalism to rejecting the principles of the capitalist system in its entirety.
Pat Devine is a radical socialist economist concerned mainly with industrial economics and comparative economic systems.
Noam Chomsky is an intellectual, political activist, and critic of the foreign policy of the United States and other governments. Noam Chomsky describes himself as an anarcho-syndicalist and libertarian socialist, and is considered to be a key intellectual figure within the left wing of politics of the United States.
The Mondragon Bookstore & Coffeehouse was a political bookstore and vegan cafe located in The Old Market Autonomous Zone at 91 Albert Street in Winnipeg, Manitoba, Canada. The name comes from the Mondragón Cooperative Corporation and other organisations in the Basque town of Mondragón Spain that is known for its extensive network of worker's cooperatives.
Arbeiter Ring Publishing, now known as ARP Books, is a worker-owned and operated independent book publisher and distributor that specializes in progressive, radical and anarchist literature. Founded by Todd Scarth and John K. Samson in Winnipeg in 1996, the publishing company was originally based in The Old Market Autonomous Zone, which also housed Mondragon Bookstore and Coffee House, and other radical and worker-run organizations. Named after Arbeiter Ring, a radical Jewish workers' organization, Arbeiter Ring also shares a commitment to workers' self-management. One aspect of this is the organization's promotion of participatory economics, an alternative economic model first articulated by Michael Albert and Robin Hahnel.
"Socialism for the rich and capitalism for the poor" is a classical political-economic argument asserting that, in advanced capitalist societies, state policies assure that more resources flow to the rich than to the poor, for example in the form of transfer payments.
Thomas Ferguson is an American political scientist and author who writes on politics and economics, often within a historical perspective. He is best known for his Investment Theory of Party Competition, described in detail in his 1995 book Golden Rule: The Investment Theory of Party Competition and the Logic of Money-driven Political Systems.
Occupy is a short study of the Occupy movement written by the American academic and political activist Noam Chomsky. Initially published in the United States by the Zuccotti Park Press as the first title in their Occupied Media Pamphlet Series in 2012, it was subsequently republished in the United Kingdom by Penguin Books later that year.
