This tribe could def use an update Sean, too bad it only lets one person manage it. I'd propose to change the opening title to something like this...

What is ParEcon?

"A great many activists and concerned people ask, quite rightly, what alternative form of social organization can be imagined that might overcome the grave flaws -- often real crimes -- of contemporary society in more far-reaching ways than short-term reform. Parecon is the most serious effort I know to provide a very detailed possible answer to some of these questions, crucial ones, based on serious thought and careful analysis."

--Noam Chomsky

Participatory Economics (ParEcon for short) is an exciting and unique type of economy proposed as an alternative to contemporary capitalism and also an alternative to what has been called socialism in the past. (ie. the centrally planned systems of the USSR, China, Cuba and so on)

The underlying values parecon seeks to implement are equity, solidarity, diversity, and participatory self management. The main institutions to attain these ends are workers and consumers councils utilizing self management decision making methods, balanced job complexes, remuneration according to effort & sacrifice, and participatory planning.

ParEcon seeks to build a directly democratic economic system, where in (through various modes of decision making), each member of the society has influence over decisions in proportion to the degree that they are affected by those decisions.