Realizing Hope

Life Beyond Capitalism

Michael Albert
With a Foreword by Noam Chomsky


Albert's economic replacement for capitalism, -'Parecon'- has already become widely known. Here he goes further offering insights about how whole areas of life might be transformed in a new society.
Someone once said that it is easier to imagine the end of the world than to imagine the end of capitalism. Michael Albert would disagree.

Realizing Hope offers a speculative vision of a future beyond capitalism - an alternative to the exploitation of human labour, the unchecked destruction of the earth, and the oppression of all for the benefit of the few. Participatory economics - parecon for short - is Albert’s concrete proposal for a classless economy, developed from anarchist principles first introduced by Kropotkin, Bakunin, Pannekoek and others. In this classic text, Albert takes the insights and hopes of parecon and enlarges them to address all key aspects of social life and society - gender, culture, politics, science, technology, journalism, ecology, and others. Realizing Hope provides vision to help us all together conceive a world that might be just over the horizon, a world we can begin building today.

Author Bio

Michael Albert is an American activist, economist, speaker, and writer. He is a founder and current member of Z Magazine.

Table of Contents

  • Foreword by Noam Chomsky
  • Preface to the critique influence change edition
  • Introduction
  • 1. Parecon
  • 2. Polity
  • 3. Kinship
  • 4. Community
  • 5. Internationalism
  • 6. Ecology
  • 7. Science/Technology
  • 8. Education
  • 9. Art
  • 10. Journalism
  • 11. Athletics
  • 12. Crime
  • 13. Questions
  • 14. Strategy
  • 15. Marxism
  • 16. Anarchism
  • 17. Aspirations
  • 18. Dissent


'In many earlier studies, Michael Albert has carried out careful in-depth inquiries into systems of participatory economics (parecon), analyzing in detail how they can function justly, equitably, and efficiently, and how they can overcome many of the criminal features of current social and economic arrangements. This new and very ambitious study casts the net far more widely, extending to just about every major domain of human concern and mode of human interaction, and investigating with care and insight how, in these domains, parecon-like principles could lead to a far more desirable society than anything that exists, and also how these goals can be constructively approached. It is another very valuable and provocative contribution to the quest for a world of much greater freedom and justice.'
Noam Chomsky

'Michael Albert is a very serious thinker. In Realizing Hope he not only presents an alternative to capitalism, he provides profound insights into how economics affects personalities and social relations and vice versa. The book opens many doors for social vision and strategy. At a moment when Africa needs an alternative to nationalist politics. Realizing Hope is amazingly timely. Pan-Africanists and Black Marxists alike will find much to enrich and expand our politics in this book.'
Mandisi Majavu, author and journalist

'During the grim decades of "there is no alternative" few did more than Michael Albert and his collaborators to promote discussion of alternatives to domination by either state or market. Now, when millions assert "another world is possible", Michael Albert's proposals for participatory economics provide an essential starting point for thinking about what that world might be and how we might get there. In Realizing Hope, he goes beyond the primarily economic framework of participatory economics to open the crucial but too-rarely posed questions of how to coordinate economic change with the changes we need in other spheres of life.'
Jeremy Brecher, author of Save the Humans?

'Michael Albert has posed a breathtakingly simple question - what do left-libertarians want, exactly, "beyond capitalism"? - and, in answering it, has produced a work of exhilarating scope. Albert captures the best of the spirit of the new global social movement. He consciously rejects all vanguardism, and demands a direct action in the realm of thought: he asks us to look at those who are creating viable alternatives, to try to figure out what might be the larger implications of what they are doing, and then to offer those ideas back, not as prescriptions, but as contributions, possibilities, as gifts. Albert combines close empirical insights with a magisterial conceptual grasp. We will be arguing about this work for years.'
Andrej Grubacic, historian and anti-capitalist activist

'In Realizing Hope, Michael Albert mulls over the better society that we may create after capitalism, provoking much thought and offering a generous, hopeful vision of the future. His prescriptions for action in the present are modest and wise; his suggestions for building the future are ambitious and humane. There is a hunger for this kind of practical, visionary alternative. Realizing Hope is an important part of the internal development of the global movements for peace and justice, helping us to recover lost insights.'
Milan Rai, author and peace activist

'Millions across the world are coming together in hitherto unprecedented networks of solidarity to struggle against poverty, inequality, discrimination, and war. These fighters proclaim that a better world is possible. Realizing Hope challenges us to imagine how.'
Sudhanva Deshpande, LeftWord Books

'Those of us who have been grappling with the question of the good society in limited domains of inquiry are indebted to Michael Albert for bringing together so much of this work into a coherent and exciting whole and expanding on it. Anyone disgusted with existing society - which is to say, just about everyone - who wants to know if there are any alternatives, will find Realizing Hope informative, provocative, creative, engaging, and, yes, full of hope.'
Stephen R. Shalom, editor of Socialist Visions and professor of political science, William Paterson University


Publication Date: 16 January 2014
216 pages

Product ISBNs: Paperback 2nd Edition: 9781780325620
eBook ePub 2nd Edition: 9781780329765
eBook PDF 2nd Edition: 9781780329758
eBook Kindle 2nd Edition: 9781780329772
Library Edition: 9781842777206

Previous Editions: Paperback 1st Edition: 9781842777213
eBook PDF 1st Edition: 9781848130777

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