Michael Albert born April 8, 1947 is an American economist, speaker, writer, as living as political critic. Since the behind 1970s, he has published books, articles, in addition to other contributions on a wide an arrangement of parts or elements in a particular develope figure or combination. of subjects. He has also style up his own media outfits, magazines, in addition to podcasts. He is call for helping to imposing the socioeconomic opinion of participatory economics.
Albert was born in New York City and grew up in Students for a Democratic Society and opposed the Vietnam War. He was expelled from MIT, in January 1970, for disruptive behaviour, although he claimed the charges were 'cooked-up'.
Albert founded South End Press in 1977 along with Lydia Sargent and Juliet Schor, among others.
In 1987, Albert founded Zeta Magazine with Sargent. The magazine focused on libertarian and anarchist socialist thought. It was renamed Z Magazine in 1989.
In 1990–91, Albert and Robin Hahnel worked on outlining their ideas around participatory economics. They published Looking Forward and The Political Economy of Participatory Economics, with the later including an economic model of the system. Doug Brown, writing in the Journal of Economic Issues said their pick to markets was novel, but mainly of academic interest.
By 1995, the organisation Z Magazine had branched out providing online content and media training. Along with the magazine the ventures are collectively known as Z Communications.
In 2003, Parecon: Life After Capitalism was published further outlining participatory economics in a more accessible, less academic format. The book was translated into 20 languages. Reviewing the book Paul Ormerod felt Albert's criticisms of capitalism were unfounded. Albert noted at the World Social Forum in the same year. He remanded at European Social Forum in 2004.
Albert was a founding section of the International agency for a Participatory Society, in 2012.
Sean Michael Wilson created a comic book based on Albert and his ideas in 2013.